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Bosch: preliminary business figures for 2020

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Bosch: preliminary business figures for 2020

In the 2020 business year, the Bosch Group achieved a positive result despite the effects of the coronavirus crisis and the decline in automotive production. In fact, the supplier of technology and services performed better than initially expected. According to preliminary figures, earnings before interest and taxes (EBIT) amounted to some 1.9 billion euros. Total Bosch Group sales amounted to 71.6 billion euros. By bringing costs and investments strictly into line with the development of sales, Bosch generated free cash flow of around 5 billion euros, the highest figure in the company’s history, As of December 31, 2020, the Bosch Group employed some 394,500 associates worldwide. This shows that despite the crisis, Bosch was able to keep workforce development largely stable.

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