Bosch defies weak markets with record-equalling 2018 performance

Corporate February 11, 2019 19:03

By The Nation

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Bosch Group is continuing on its successful course despite difficult economic conditions and weak markets, with sales and results last year reaching the 2017 level, which was an all-time high, the German tech and services giant said on Monday.



 

 

 

According to preliminary figures, the group generated sales from operations of €77.9 billion (Bt2.77 trillion) last year. 

Sales results were hit hard by exchange-rate effects to the tune of €2.1 billion. 

Adjusted for forex effects, revenue rose 4.3 per cent.

“Despite the economically harsh environment, Bosch performed well in 2018. Sales and results are once again on a record level,” said Volkmar Denner, chairman of the board of management of Robert Bosch, speaking at a press briefing on preliminary figures.

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