Bosch Group achieves overall growth in sales in the first quarter thanks to its economic and technological advantages

Bosch Group's sales in the first quarter of 2015 achieved an overall increase of approximately 13%. Excluding exchange rate factors, sales increased by 5.4%. Bosch expects to achieve a 3% to 5% increase in sales in fiscal 2015 after removing the impact of exchange rate factors.

Dr. Volkermar Dunner, Chairman of the Board of Bosch Group
Dr. Volkermar Dunner, Chairman of the Board of Bosch Group

“The current economic and technological advantages we have accumulated in various business areas provide us with a solid foundation for opening up new markets.” Dr. Volkeral Dunner, Chairman of the Bosch Group’s Board of Directors, said, “Interconnected products and services will It has become the main growth point for the future development of the company. At present, we have brought the interconnection into each business department and actively promoted it.” In 2014, Bosch just launched a number of new product and interconnection solutions, including networked Ovens, as well as software solutions to be used in connected heating systems, connected buildings, connected industries and connected transport.

2014 Bosch Group Business Unit Sales
2014 Bosch Group Business Unit Sales

Bosch Group's 2014 Annual Results Significant Growth

The continuous innovation of products and technologies has once again boosted Bosch's market position in different fields. Despite the global economic downturn, the Bosch Group still fulfilled its 2014 target and global sales increased by 6.3% to 49 billion euros. Excluding the impact of exchange rate factors, sales growth reached 7.4%, and significant growth in performance also enabled the company to make progress in its profitability in 2014. The Bosch Group's pre-tax profit was almost 3 billion euros, an increase of about 10% year-on-year, and the EBIT margin was 6.2%. The profit margin increased by 1 percentage point from 2013. Among them, sales in the Asia-Pacific region increased by 17% to 13 billion euros, ranking the first in Bosch's global regional market. As the most important market in the Asia-Pacific region, Bosch's performance in China is particularly strong. In 2014, consolidated sales reached RMB 22.1 billion, an increase of 27% year-on-year.

2014 Bosch Group Sales by Region
2014 Bosch Group Sales by Region

Intelligent Transportation Solutions Help Future Automotive and Transportation Industry Development

For Bosch, autopilot is undoubtedly a rapidly developing field. The company is committed to developing more optimized automated travel technology. For example, new driver assistance systems for volume production in 2015 include remote parking, traffic jam assistance, and evasive assist and left-turn assist.

Today, Bosch sees itself as a supplier of integrated intelligent transportation solutions, not just automotive technology. In the just past 2014, Bosch gasoline and diesel direct injection systems were again successful; at the same time, Bosch is also providing more and more software and service solutions for intelligent transportation. “Interconnecting allows us to provide brand-new solutions for the future of new types of automotive and intelligent transportation businesses. Even in the currently fully developed area, connected travel technologies will play an important role in optimizing customer experience and saving resources.” Deng Dr. Nar said.

Software competitiveness has become increasingly prominent

Today, in the area of ​​interconnected services, there is a new "3S" principle, namely sensors, software and services. As the world's leading MEMS sensor manufacturer, Bosch will produce up to 1.6 billion MEMS sensors in 2015, an increase of 25% compared to last year. In addition, the Bosch Software Suite, the Internet of Things Center software platform, enables interconnection and exchange of data between interconnected products such as factory machinery, HVAC systems, and surveillance cameras, while also analyzing and processing large areas such as interconnect manufacturing. data.

Bosch Software Business R&D Staff Worldwide
Bosch Software Business R&D Staff Worldwide

Multidimensional Internet of Things Services

The commercial potential of the Internet of Things comes from the various services derived from the Internet. "Bosch is not only a leading provider of technology and services for the Internet of Things industry, but also a leading user of these technologies, providing advantages for our own interconnected business," said Dr. Dunner. Today, Bosch offers a variety of service solutions for many different industries and customers. For example, Bosch Security Communications Systems provides eCall emergency rescue services in 16 different language modes for 500,000 vehicles. In addition, Bosch is also working to connect approximately 100,000 vehicles at the end of 2015 for rental and insurance company fleet management systems.

Data security and protection under the Internet

With the continuous development of the Internet, the need for data security and protection has also become increasingly prominent. In the field of data security, Bosch has formulated sound strategic measures. More than 100 employees will focus on the secure transmission of research data. In addition, Bosch also operates an information center that integrates data security knowledge, such as information encryption and certificate management, to comprehensively increase its competitiveness in the field of data security.

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