Mexican Media Brands
Bosch Warns It May Miss 2012 Profit Target
Revenue at Robert Bosch GmbH grew 5% in the first quarter of this year.
#economics
Share
Revenue at Robert Bosch GmbH grew 5% in the first quarter of this year. The company expects full-year sales to rise 3%-5% from €51.5 billion in 2011.
But Bosch cautions that high raw materials costs and heavy investment in new businesses may prevent it from reaching its goal of a 7%-8% return on sales for the full-year.
The company expects capital spending and R&D outlays to exceed €7 billion. Bosch says it is hiring 4,500 R&D employees this year.
RELATED CONTENT
-
Inside Ford
On this edition of “Autoline After Hours” Joann Muller, Detroit bureau chief for Forbes, provides insights into what she’s learned about Ford, insights that are amplified on the show by our other panelists, Stephanie Brinley, principal analyst at IHS Markit who specializes in the auto industry, and Todd Lassa, Detroit Bureau Chief for Automobile.
-
On Global EV Sales, Lean and the Supply Chain & Dealing With Snow
The distribution of EVs and potential implications, why lean still matters even with supply chain issues, where there are the most industrial robots, a potential coming shortage that isn’t a microprocessor, mapping tech and obscured signs, and a look at the future
-
Ford’s $42 Billion Cash Cow
F-Series pickups generate about 30% of the carmaker’s revenue. The tally is about twice as much as what McDonald’s pulls in.