Stuttgart/Leinfelden-Echterdingen – Bosch Power Tools has once again achieved significant growth over the course of the previous financial year of 2017. With 4.7 billion euros, the Bosch division recorded a higher turnover than ever before. This growth corresponds to five percent in local currency and four percent nominally. “We have continued the trend of the past few years and once again significantly increased our turnover,” said Henning von Boxberg, President of the Robert Bosch Power Tools GmbH. “We understand the needs of our users. That is the basis of our success. We increase the productivity and safety of tradespeople with our innovations and make work easier for DIY enthusiasts.” Bosch is continually expanding its range of cordless tools – which are becoming more and more important – in addition to making use of connectivity features for products and services. Von Boxberg commented: “Another important factor for our growth is the long-term focus on emerging markets.” With regard to power tools, Bosch recorded double-digit growth in more than 30 countries across the globe over the last year – including in China, India and Russia.
The Robert Bosch Power Tools GmbH, a division of the Bosch Group, is one of the world’s leading providers for power tools, garden tools, power tool accessories and measuring tools. In 2021, its roughly 21,000 associates generated sales of 5.8 billion euros, about 80 percent of which outside of Germany. With brands such as Bosch and Dremel, the division stands for customer focus and great engineering progress. The core success factors are innovative strength and pace of innovation. In 2022, Bosch Power Tools will again launch more than 100 new products onto the market in its four business segments power tools, garden tools, accessories and measuring tools.
The Bosch Group is a leading global supplier of technology and services. It employs roughly 402,600 associates worldwide (as of December 31, 2021). The company generated sales of 78.7 billion euros in 2021. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artificial intelligence (AI) or have been developed or manufactured with its help. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiary and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. With its more than 400 locations worldwide, the Bosch Group has been carbon neutral since the first quarter of 2020. The basis for the company’s future growth is its innovative strength. At 128 locations across the globe, Bosch employs some 76,100 associates in research and development, of which more than 38,000 are software engineers.
Additional information is available online at www.bosch.com, www.iot.bosch.com, www.bosch-press.com, www.twitter.com/BoschPress.