Bosch annual report 2023
Crossroads
Stefan Hartung, chairman of the board of management
Foreword
“Today’s radically changing market calls for a strategy that is as clear as it is flexible and adaptable. It also calls for considerable tenacity.”
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Our 2023 business year
Sales revenue: €91.6bn (2022: €88.2bn)
Research and development cost: €7.3bn (2022: €7.2bn)
EBIT from operations: €4.8bn (2022: €3.8bn)
Development of sales revenue by region
Changes in % compared to previous year
Europe
€46.8bn
+5.5%
Americas
€16.9bn
+4.9%
Asia Pacific*
€27.9bn
+0.6%
Green electricity
99%
Covering global electricity demand with green electricity in 2023
New clean power
149 GWh
Own energy generation from photovoltaics and hydropower in 2023
Associates worldwide
429,400
as of December 31, 2023
Development of sales revenue by business sector
Changes in % compared to previous year
Mobility
€56.2bn
+6.9%
Consumer Goods**
€20.3bn
−6.6%
Energy and Building Technology
€7.7bn
+10.5%
Industrial Technology
€7.4bn
+6.8%
