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Bosch has announced a fall in UK profits

Published: 1 April 2009
In its annual results Bosch has revealed its 2008 sales in the UK fell from €2.27bn to €2.02bn.
Bosch has announced a fall in UK profits
The number of employees in the UK fell marginally from 5,501 to 5,429, as the firm battled against the recession.

Bosch's power tools division has, says the firm, been a success by championing new lithium-ion battery technologies and cordless solutions for the lawn and garden sector.

In particular products such as the Isio hedge-trimmer and the cordless Rotak lawnmower, which are both powered by Bosch lithium-ion battery technology, are proving to be top sellers with the consumer.

Bosch has 37 locations in the UK representing three business sectors - automotive technology, industrial technology, consumer goods and building technology.

In northern England, where the firm employs approximately 220 people, Bosch acquiring Freud's accessories business.

The Leeds operation extends Bosch's position in the circular saw blades, router bits and cutter heads markets.

Managing director of Bosch in the UK, Robert Meier, said: "In the current economic climate Bosch has had to revise its expectations for business development and there is no doubt that there are many challenges this year.

"Nevertheless, our focus remains on our long-term strategy. Bosch enjoys high brand awareness and perception, a great product range in all its sectors, a strong distribution system and a commitment to ongoing research and development - all of these elements create the right recipe for overcoming the challenges that face us."



Comments

Published prior to March 2014
By David McCormick
There is no doubt that the products perform to the required standards however their Customer Service leaves a lot of room for improvement.

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