PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Orient Planet PR & Marketing

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Bosch Group Forecasts Five per Cent Increase in Sales for 2006 - Group achieve sales of 41.5 billion euros for 2005, marking a 6.4 per cent increase
Bosch Group Forecasts Five per Cent Increase in Sales for 2006

 

NewswireToday - /newswire/ - Dubai, UAE, United Arab Emirates, 2006/05/23 - Group achieve sales of 41.5 billion euros for 2005, marking a 6.4 per cent increase.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The Bosch Group has announced that its sales for 2005 rose by 6.4 per cent, to touch 41.5 billion euros, and expects to maintain the same momentum for the current year. The company also announced that, to further strengthen the company's international presence and innovative strength, upfront investments in research and development as well as in capital expenditure will remain on the same high level as before.
Speaking at the annual press conference recently at Stuttgart, Germany, Franz Fehrenbach, Chairman of the Bosch Board of Management, said, “In terms of both sales and result, we have continued our positive development. For 2006, we expect sales to increase by roughly five percent.”

In 2005, research and development expenditure came to 3.1 billion euros (2004: 2.7 billion euros), whereas capital expenditure came to 2.9 billion euros (2004: 2.4 billion euros). The focus of international expansion is the Asia Pacific growth region. Between 2005 and 2008, some 1.6 billion euros are to be invested here, above all in China and India.

The consolidated financial statements of the Group that were presented for the first time on the basis of International Financial Reporting Standards (IFRS) showed that the pre-tax result increased from 2.7 to 3.2 billion euros. This is equivalent to 7.7 percent of sales. This rise is mainly due to the significantly improved financial result. The return on sales from operations, without financial income, came to six percent.

"In order to continue to finance our innovative strength internally, and to exploit growth potential the world over, we still strive to achieve a pre-tax return on sales of between seven and eight percent," Fehrenbach said. Bosch sees risks to its result in the constantly rising prices for raw materials, in ever fiercer competition, and in increasing pressure on prices. Given this situation, Fehrenbach said, special efforts would be required to maintain the return on sales from operations achieved in 2005.
In 2005, Bosch grew strongly especially in Asia Pacific, where the increase in sales was 16 per cent. In the Americas, Bosch grew by 11 per cent, while the figure for Europe was 3.5 per cent. This allowed the share of sales accounted for by business outside Europe to rise from 32 to 34 per cent. Sales showed an increase in all the company's business sectors: up by 5.4 per cent to 26.3 billion euros in Automotive Technology, by 6.1 percent to some 10 billion euros in Consumer Goods and Building Technology, and by 12.5 per cent to 5.2 billion euros in Industrial Technology.

Bosch also maintained a steady increase in headcount, by adding 13,000 Bosch associates in 2005 to take the total to roughly 251,000. By the end of 2006, the Bosch Group expects to have close to 260,000 associates worldwide, with most new associates to be hired in the emerging markets.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Orient Planet PR & Marketing

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


Bosch Group Forecasts Five per Cent Increase in Sales for 2006

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Press Office - OrientPlanet.com 
+971 4 3988901 info[.]orientplanet.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Orient Planet PR & Marketing securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Orient Planet PR & Marketing / Company Profile


Read Automotive/Trucking/RV Most Recent Related Newswires:

Voyages Emile Weber, Losch Luxembourg and MAN Collaborate on Emissions-free Public Transport System
Frost & Sullivan Announces Cooperation with Messe Frankfurt
The NEOPLAN Skyliner is Celebrating An Anniversary - 50 Years of The Double-decker Touring Coach
Hitachi Joins Shell Eco-marathon to Help #MaketheFuture
First MAN TGX PerformanceLine Edition Delivered - No 001 For BFS/Stegmaier Group
New Business Models and Service Expansion in European Automotive Aftermarket eRetail Strengthen Growth Opportunities Finds Frost & Sullivan
Vehicle Parc and Market Dynamics Transform KSA Automotive Aftermarket, Forcing Vendors to Change Their Business Approach
First MAN TGX EfficientLine 3 Goes to Spedition Hillert
NEOPLAN Tourliner Wins iF Design Award 2017
Field Testing the New MAN Six-cylinder Naturally Aspirated Engine for Cogeneration Systems
Turkish Medium- and Heavy-duty Truck Manufacturers to Increase Production Volumes and Quality to Meet Evolving User Demands Finds Frost & Sullivan
MAN Truck & Bus Begins Selling The TGE
MAN Joins CharIN
Connected Truck Telematics Providers Focus on Partnerships to Keep Pace with Digital Transformation Finds Frost & Sullivan
MAN and CNL to Bring eTrucks to Our Roads

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Explorers Vacation Club

Visit  JobsWare.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)