Bosch today
Bosch today
Bosch today
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<strong>Bosch</strong> <strong>today</strong><br />
6 | 7<br />
Business in Asia drives growth<br />
Despite the economic crisis, we continued to expand our<br />
presence in the rapidly growing emerging markets of Asia,<br />
and this worked to our benefit. We were able to improve<br />
<strong>Bosch</strong> Group sales in Asia Pacific by 43 percent to 11 billion<br />
euros. Even after adjusting for currency effects, the sales<br />
increase was still 31 percent. For the first time, sales in this<br />
region climbed to 23 percent of total <strong>Bosch</strong> Group sales<br />
(previous year: 20 percent).<br />
Clear growth in all business sectors<br />
The Automotive Technology business sector increased<br />
its sales by 29 percent, to 28.1 billion euros (24 percent<br />
increase after adjusting for currency effects). Despite the<br />
sale of its foundation brakes business in North America,<br />
therefore, its sales nearly regained their precrisis level<br />
of 2007. From mid2010, a strong recovery also began to<br />
gather pace in the capital goods industry. In 2010, sales of<br />
the Industrial Technology business sector rose by 30 percent<br />
(26 percent after adjusting for currency effects) to<br />
6.7 billion euros. All the divisions of the Consumer Goods<br />
and Building Technology business sector improved their<br />
sales, particularly in consumerrelated areas. All in all,<br />
sales of consumer goods and building technology rose by<br />
10 percent to 12.5 billion euros. After adjusting for currency<br />
effects, the increase was 6.4 percent.<br />
Result once again within target corridor<br />
The strong growth in sales was one of the main reasons figures<br />
were significantly better than originally expected.<br />
We disclose a pretax profit of 3.5 billion euros, compared