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Following a series of record-breaking years, Bosch Power Tools increased its sales in 2022 by 3 percent to 5.9 billion euros amid a challenging economic environment. The company plans to more than double sales by the end of this decade. Last year, the division invested more than 300 million euros in the future growth of its value chain and product portfolio. This year, the company once again plans to invest a nine-figure sum. One of its focus areas is North America, which makes up more than 40 percent of the power tool market worldwide. The company is also determined to further pursue its focus on sustainability. With the long-term partnership with WWF Germany, Bosch Power Tools is forging ahead with its commitment to sustainability and speeding up its transformation. In launching the DIY edition of its entire measuring tools portfolio, the company is taking a big step forward in its sustainability goals: Starting in the fall of 2023, 23 new and improved measuring tools will be available along with their related accessories and packaging, all featuring a new sustainability concept and produced with as much recycled material as possible.
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