Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

BSH Reports Significant Increased 2012 Profit
Jun 21, 2013
 Printable format
 Email this Article
 Search


Global appliance maker BSH Bosch und Siemens Hausgeräte GmbH reported that 2012 was another record-breaking financial year.

The Munich-based appliance company, considered Europe's third-largest appliance maker, reported that consolidated revenue was up 1.5%, to EUR 9.8 billion, in 2012. Consolidated net profit was up approximately 25% to EUR 466 million. EBIT improved 5.6% and reached EUR 683 million.

At a press conference in Munich, Dr. Kurt-Ludwig Gutberlet, chairman of the BSH board of management, called 2012 a very good year for the company. Gutberlet also announced that Dr. Karsten Ottenberg will succeed him as chairman of the BSH board of management on July 1, 2013--three months earlier than had been announced in April.

BSH focused on growth markets, especially in the Asia-Pacific region, in 2012. Growth markets are one of three primary growth strategies for BSH. In addition to expanding in growth markets, the company will focus on its successful Small Appliance Business and on Super-Efficient Appliances.

The company expects the euro crisis and the rise of competitors from Asia and Turkey to continue shaping market conditions in Europe. However, BSH expects to build on its successful first-half of 2013 to achieve a slight increase in revenues in the current financial year-- enough to top EUR 10 billion.

Back to Daily News

 

Daily News

...........................................................

Sep 23, 2014: Shipments and placements of new manufactured homes up in July

Sep 23, 2014: Existing-home sales down in August

Sep 23, 2014: FHP motor shipments up big in the first half of 2014

Sep 23, 2014: Electrolux and General Electric to lead conferences at retail marketing conference

Sep 23, 2014: Global PCB Production Worth $59.4 Billion

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: Appliance Magazine Market Insight Annual Subscriptions
November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows