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Bosch annual report 2020

Shifting paradigms: creativity, technology, trust

A graphic illustrates the Bosch 2020 annual report’s tagline, “Shifting paradigms”

Business and social paradigms are shifting beneath our feet. Advancing digitalization, palpable climate change, and of late, the Covid-19 pandemic are giving rise to a groundswell of change. It will take unconventional thought and action, tempered with creativity and responsibility, to persevere amid such towering challenges that defy conventional wisdom.

Volkmar Denner: “Technology remains explainable; we have to be able to trust it.”

“The world is changing. We must think and act differently. That takes courage, staying power, and — above all — creativity.”
Dr. Volkmar Denner, chairman of the board of management

Our business year in figures

A label on a graphic illustrating the financials reads: 71.5 billion euros sales revenue in 2020.
A label on a graphic illustrating the financials reads: 1.7 billion euros EBIT in 2020.
A label on an graphic reads: 73,000 researchers and developers worldwide.
A label on a graphic reads: Some 395,000 associates worldwide.
A label on a graphic reads: 5.9 billion euros for research and development.
A label on a graphic reads: Around 440 subsidiaries and regional companies in some 60 countries.
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Annual report 2020, Bosch

Annual report 2020

Financial section, with management report and financial statements

Bosch today

Bosch today

Names, facts, and figures

Innovations for people

The very foundations of our world are changing. Bosch is helping smooth the path toward this transformation with innovations created by people for people. Tomorrow’s energy supply, smart kitchen appliances, highly effective rapid PCR tests for coronavirus, a digital emergency call system for e-bike riders — at Bosch, all this and more is what we mean when we say “Invented for life.”

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