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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at El Grupo Bosch incrementa sus ventas y sus beneficios en 2013

The Group Bosch increases his sales and his profits in 2013

27/01/2014

27 January 2014

According to the provisional figures, the Group Bosch has increased his sales in the exercise 2013 in 2,7%, reaching 46.400 million euros, in spite of the difficult circumstantial surroundings. The fortress of the euro has taxed the volume of sales of the technological company and of services with some negative effects by the exchange rate of, roughly, 1.500 million euros. Although the development of the results is, in general lines, positive, reflects also in 2013 the difficult situation of the Solar division Power, that carried to the company to decide, in the spring of the previous year, the cessation of his activities in the area of the photovoltaic crystalline. According to the provisional data, and leaving to a side the extraordinary loads caused by the photovoltaic, the profits before interests and taxles (EBIT) of the Group Bosch situate around 6%. That is to say, a point porcentual more than in the previous exercise.

“The multiple measures adopted headed to attain the increase of the profits are showing his positive effects. The advances in the results have surpassed, even, our expectations”, ensured Volkmar Denner, president of the Group Bosch. In 2014, Bosch will continue the work headed to improve the competitiveness and the perspectives of future. Regarding the intention to follow increasing the sales and the final profits, Denner said: “we Have attained to visit a part of our way. Our approach keeps on being the agility, the profitability and the growth.”

Volkmar Denner, president of the High Management of Robert Bosch GmbH
Volkmar Denner, president of the High Management of Robert Bosch GmbH.

The company wants to take advantage of the potentials of existent growth to open new segments of market. For Bosch, the future tendencies of greater importance are the energetic efficiency and the connectivity.  “We see other big potentials of business in the field of the called ‘life assisted'. Increasingly people of the third age want to live with the maximum independence and possible autonomy”, explained Denner. Especially the robotic is a market that moves billions, and no only for the societies that age.

The development of the sales of the distinct business areas has seen marked by the strong effects of the exchange rates. Especially, they have seen affected the business areas Technology for the Automotive sector and Goods of Consumption. Independently of this, the business area Technology for the Automotive sector has developed in 2013 of form very positive. The relative business to the systems of direct injection of petrol and injection diesel has grown of important form. Also the injectors for natural gas (CNG) have experienced a big demand. The division Car Multimedia has had a big success with his displays and the systems of information and entertainment. In the area of Industrial Technology registered an important increase because of the sales of machinery of packaging. However, the world-wide weakness of the mechanical engineering produced an important fall in the area Drive and Control Technology. In Goods of Consumption, Bosch had a good turnover with his electrical tools, so much for professionals as for fans to the bricolaje. Instead, the difficult situation in the Solar area Power, that kept also in 2013, affected negatively the development of the business area Technology for the Power and the Edificación. The division hygiene Systems could attain a strong growth thanks to his services of communication, to the equal that the division Termotecnia with his boilers murales of condensation.

The fortress of the euro has had effects very negative on the development of the sales to regional level. Independently of this, the sales in the zone Asia – Pacífico surpassed the ones of the previous exercise in, roughly, 5%. After adjusting the effects derived of the exchange rates, the growth of the sales was of two digits. In North America and Sudamérica, the nominal growth situated , according to the provisional figures, in more than 3%. However, without considering the effects of the exchange rates, the growth in this zone was of a high digit. In spite of the feeble coyuntura in Europe, the sales increased slightly in 2%.

According to the current estimates, Bosch expects a moderate development of the economy in 2014.

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