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Bosch sales surpass EUR70 billion for the first time

By Niranjan Mudholkar,

Added 28 January 2016

Double-digit sales growth in Asia and North America

Sales developments in 2015 varied across the four business sectors. As Dr. Stefan Asenkerschbaumer, the CFO and deputy chairman of the board of management, explained, "In 2015, we further improved our market position and competitiveness in many areas, and gained market share."

Despite only anemic growth in global vehicle production, the Mobility Solutions business sector succeeded in significantly increasing sales, according to preliminary figures. Overall, sales grew by twelve percent to 41.7 billion euros in 2015. Among Bosch's most successful products last year were gasoline and diesel injection systems, driver assistance systems, and infotainment systems.

The Consumer Goods business sector also recorded very robust growth. Here, Bosch was able to increase its sales by 9.3 percent year on year to 17.2 billion euros. This sector's best-selling products included cordless power tools and household appliances such as a connected range of stoves.

The Energy and Building Technology business sector recorded growth of eleven percent, which was considerably higher than the previous year. The sector generated sales of 5.1 billion euros. This success can be primarily attributed to services, security systems for large infrastructure projects, and connected smart-heating solutions.

The Industrial Technology business sector continues to be affected by weakness in the global mechanical engineering segment. Sales fell by 1.7 percent year on year to 6.6 billion euros. The Drive and Control Technology division suffered further collapses in important segments of the mechanical engineering market in 2015.

(Continued on the next page)

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