Bosch with record year

The turnover of the BoschGroup reached an all-time high of 70.6 billion euros in fiscal 2015. The Group also grew strongly in operational terms, achieving like-for-like sales growth of 10%. Adjusted for exchange rate effects, sales growth was 3.8%. With the exception of the Industrial Technology business sector, all business sectors reported double-digit growth and improved earnings in 2015. Accordingly, the earnings situation of the Bosch Group as a whole improved again in 2015. The technology and services company achieved earnings before interest and tax (EBIT) of 4.6 billion euros in 2015, giving it an EBIT margin of 6.5%. Year on year, EBIT thus increased operationally by around 0.9 billion euros, or 24%.

The corporate group intends to continue its growth course in 2016.Despite only a subdued economic outlook and geopolitical uncertainties, the technology and services company expects sales growth of between 3 and 5% for the current year.

Smart home system: Room detector is added

In the smart home, too, increasing networking will make life more comfortable and relieve the burden, as Bosch writes. The company has already been offering a simple and secure solution for the smart home since the beginning of the year with its smart home system. More products for the system will follow in the course of the year: Among other things, a smoke detector that, beyond its actual function, also provides more security, for example, during the vacation season, as the provider lets it be known. Bosch expects the global market potential for the smart home to reach ten billion euros as early as 2017. By 2020, some 230 million or 15% of all households worldwide would be equipped with smart home solutions, Bosch said.