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The Bosch Group increased its sales and earnings in 2023 and is successfully implementing its growth strategy. The supplier of technology and services generated sales of 91.6 billion euros despite unfavorable economic and market conditions. This is an increase of 3.8 percent, or an exchange rate-adjusted 8.0 percent. The Mobility business sector achieved sales growth of 6.9 percent to 56.2 billion euros. Adjusted for exchange-rate effects, growth equates to 10.9 percent. In the Industrial Technology business sector, sales rose to 7.4 billion euros. This growth of 6.8 percent, or an exchange rate-adjusted 10.2 percent, is due to the first-time consolidation of the HydraForce and Elmo Motion Control acquisitions. In the Consumer Goods business sector, sales were down 6.6 percent on the previous year at 19.9 billion euros; adjusted for exchange-rate effects, this is a slight decrease of 1.2 percent. In the Energy and Building Technology business sector, sales grew 10.5 percent to 7.7 billion euros, or 13.2 percent after adjusting for exchange-rate effects.
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