Bosch - revenue 2008-2023

Bosch generated around 91.6 billion euros in revenue in 2023. This represents an increase of four percent compared with the previous fiscal year. 

Takeovers boost revenue

In 2015, the revenue of Bosch jumped by over 20 billion euros. Around this time, Robert Bosch performed several important takeovers that boosted revenue streams. Included is a three billion euro takeover of a joint venture with Siemens Hausgeräte. The Bosch and Siemens partnership, known as BSH, still operates under the same name producing home appliances. A partnership also existed between Bosch and competitor ZF Friedrichshafen AG. The joint venture, ZF Lenksysteme, was a producer of electronic steering systems for road vehicles. Following the takeover, Bosch acquired all shares of the four billion euro operation and changed the name to Robert Bosch Automotive Steering. Mergers and acquisitions among the largest companies in Germany can be worth tens of billions of euros.

German engineering

Officially as of 2021, Robert Bosch GmbH, the multinational engineering and electronics company is one of Germany's top brands. The company is also among the largest engineering and electronics companies in Germany. Although no longer part of Germany's famed Mittelstand, Bosch is still privately owned.