bosch0219The Bosch Group remains on the road to success: Despite the difficult economic environment and weak markets, sales and earnings in 2018 are at the record level of the previous year. According to preliminary figures, the technology and service company generated operating sales of 2018 billion euros in 77,9.

Exchange rate effects amounting to 2,1 billions of euros weigh heavily on the sales figures. Adjusted for exchange rate effects, revenues increased by 4,3%. "In a harsh environment, Bosch 2018 has performed well. Sales and earnings are again at record levels, "explained Dr. Volkmar Denner, Chairman of the Board of Management of Robert Bosch GmbH, on the occasion of the presentation of the preliminary figures.

"As innovation leaders, we shape the change in our markets - both technically and commercially. Our strategic focus on networking is paying off, "continues Denner. A total of 52 million Internet-enabled products has sold Bosch 2018, 37% more than last year. For the 2018 financial year, the operating result before financial result and taxes (operating EBIT) is around 5,3 billion. This results in an operating EBIT margin of probably 6,9% of sales.

"Bosch wants to develop 2019 in a foreseeable difficult environment better than the relevant markets and secure the high level of earnings," said Prof. Dr. med. Stefan Asenkerschbaumer, Deputy Chairman of the Board of Management and responsible for finance. "We want to further increase our competitiveness in all areas in order to finance the expansion of our technology leadership and thus our future."