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Article: Bosch Group 2006 Sales Grow 5% to $54.9 Billion Long-Term Strategy Paying Off for the Company.
- Article from:
- PR Newswire
- Article date:
- February 1, 2007
CopyrightCOPYRIGHT 2007 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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- Strong growth in Asia and both Consumer Goods and Building Technology and Industrial Technology Business Sectors
- R&D expenditure remains high
- Global headcount increases to almost 260,000
FARMINGTON HILLS, Mich., Feb. 1 /PRNewswire/ -- The Bosch Group today announced that it reached its growth target for 2006 by achieving sales of $ 54.9 billion, a five percent increase over the previous year. Profit for the year was slightly down, with the pre-tax result at the lower end of the target corridor of between seven and eight percent of sales. The growth drivers were the Asia-Pacific region, the Consumer Goods and Building Technology business ...