The Bosch Group has announced its sales and result in 2018 once again reached last year’s level, which was an all-time high.

According to preliminary figures, the supplier of technology and services generated sales from operations of 77.9 billion Euro last year. Sales results were hit hard by exchange-rate effects to the tune of 2.1 billion Euro. Adjusted for exchange-rate effects, revenue rose 4.3 percent.

“Despite the economically harsh environment, Bosch performed well in 2018. Sales and result are once again on a record level,” said Volkmar Denner, chairman of the board of management of Robert Bosch GmbH, speaking at the press briefing on preliminary figures.

Bosch sold a total of 52 million web-enabled products in 2018, 37 percent more than in the previous year. In 2018, EBIT (earnings before financial result and tax) from operations reached some 5.3 billion Euro. This is likely to yield an EBIT margin from operations of 6.9 percent.