Bosch Group generates 51.4 billion EURO sales revenue in 2011
2012-02-03 Source：www.chinabuses.org
Summarize：According to preliminary figures of the leading global supplier of technology and services, the Bosch Group, the company generated sales revenue of 51.4 billion Euros in 2011. This is 8.8 percent more than in 2010. The company thus achieved one of its highest rates of growth since 2000. As a result of special burdens, the pre-tax result was roughly 5 percent of sales, and thus fell short of the target corridor of between 7 and 8 percent.
www.chinabuses.org: According to preliminary figures of the leading global supplier of technology and services, the Bosch Group, the company generated sales revenue of 51.4 billion Euros in 2011. This is 8.8 percent more than in 2010. The company thus achieved one of its highest rates of growth since 2000. As a result of special burdens, the pre-tax result was roughly 5 percent of sales, and thus fell short of the target corridor of between 7 and 8 percent.
As a result of good business developments, global headcount also increased by nearly 20,000, and stood at more than 303,000 as of January 1, 2012. The greatest increase was in Europe. Headcount there rose by more than 10,300. It increased by some 5,200 in Germany alone, by 1,700 in Hungary, and by 1,600 in Turkey. And there was again a significant increase in the Asia Pacific growth region. There, Bosch employs 8,200 more associates than a year ago. In North and South America, Bosch headcount is increased by 1,200 in all.
According to the Financial Times reported, the profit gap of the Bosch Group is the results of the following burdens which are the rising prices of raw materials, the prepaid investment on the electric vehicles and renewable energy field, and the revaluing of photovoltaic assets investment.
The Bosch Group is intensifying its activities in areas of importance for the company's future, such as electromobility and the internet of things and services. The company spends some 400 million Euros each year on electromobility. By 2013, it is expected that 21 projects for hybrid and all-electric powertrains will go into series production at 13 automakers. Bosch also supplies electrical drives for bicycles and in the future for e-scooters as well. Having sold more than 70,000 drive systems for 30 different bicycle makes in 2011, the company has got off to a successful start in this market.
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