Increase for Bosch

The Bosch group increased sales by ten per cent to € 40 bn in the year 2004. Sales in consumer goods and building services division, which for the first time included a full year’s results for Buderus-Heiztechnik, increased by 13 per cent to € 9.5 bn, or nearly 6 per cent excluding the effects of consolidation. Bosch intends to strengthen this particular division in the future. Last year saw the group’s growth focused on North and South America, and on Asia as well. The company intends to invest € 500 mio in China alone over the coming three years.