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Business developments in 2023: Strong growth in Mobility and in Energy and Building Technology

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Business developments in 2023: Strong growth in Mobility and in Energy and Building Technology

Bosch met its expectations despite the challenges of the 2023 business year: according to preliminary figures (1), the supplier of technology and services generated sales of 91.6 billion euros and an EBIT margin from operations of 5 percent. At 56.3 billion euros, Mobility remained the business sector with the strongest sales. It achieved growth of 7 percent, or 11 percent adjusted for exchange-rate effects. The Industrial Technology business sector generated sales of 7.5 billion euros. This figure is 8 percent higher than in the previous year due to the acquisition of HydraForce; adjusted for exchange-rate effects, this represents an increase of 10 percent. In the Consumer Goods business sector, sales amounted to 19.9 billion euros or 7 percent below the previous year’s level; adjusted for exchange-rate effects, this was a slight decline of 1 percent. The Energy and Building Technology business sector increased its sales considerably, with growth of 9 percent to 7.6 billion euros. After adjusting for exchange-rate effects, this increase was 11 percent.

(1) Based on internal reporting; may differ from external figures published in annual report.

Reproduction for press purposes free of charge with credit “Picture: Bosch”.

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