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Article: Bosch Group Increases Sales 10 Percent Worldwide; Bosch on Course for Growth in All Markets.
- Article from:
- PR Newswire
- Article date:
- January 27, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FARMINGTON HILLS, Mich., Jan. 27 /PRNewswire/ -- The Bosch Group increased its 2004 worldwide sales by 10 percent, reaching $49.7 billion (40 billion euros). Growth was demonstrated in all business sectors, with dynamic activity in the Automotive Technology and Industrial Technology sectors.
"All in all, the fiscal year 2004 was a good one for us," said Franz Fehrenbach, chairman of the board of management, Robert Bosch GmbH. "The Bosch Group's wide global presence meant that it was able to profit from the very favorable economic conditions worldwide. Equally important, the high level of up-front investment made by Bosch in previous years is now beginning to ...