The German company Bosch is facing a reduction of 24% in gross profit achieved last year compared to 2023, due to the crisis facing the automotive industry and the machine construction sector, ...
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Bosch fell short of its targets due to economic conditions. However, the "Mobility" segment remained stable despite a ...
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Bosch attributed its performance to a sluggish global economy and slower-than-anticipated growth in emerging markets. The company also projected only a moderate increase in global growth this year.
German automotive supplier Robert Bosch (ROBG.UL) said on Friday that its operating profit plummeted by a third to 3.2 billion euros ($3.32 billion) in 2024, a reflection of a wider crisis in the ...