Bosch Group has unveiled first-quarter sales up 5.4% after adjusting for exchange-rate effects, while full-year 2014 sales were EUR49bn (US$54bn), with what it refers to as mobility solutions accounting for EUR33.3bn of the total.
For the current fiscal year, the global supplier of technology and services expects sales to grow 3% to 5% after adjusting for exchange-rate effects. Because these effects are considerable, Bosch expects its nominal sales growth to be higher than this range.
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“We are driving connectivity forward in all our business sectors and playing an active role in shaping it,” said Bosch chairman, Volkmar Denner.
Automated driving is a significant area of growth for Bosch, with the company successively launching new driver assistance systems.
For example, 2015 will see the start of series production of remote-controlled parking, traffic jam assist, as well as an assistance function for evasive manoeuvres and turning against oncoming traffic.
Bosch also continues to invest in further developing battery technology.
