Bosch profit margin rises in 2004, sales 40 bln eur

Newswire

FRANKFURT, Jan 27 (Reuters) - German industrial group Robert Bosch [ROBG.UL]reported a rise in both sales and profitability for 2004 on Thursday, but said revenue growth would slow this year and the company would not confirm its 2005 margin target. Bosch said its pre-tax profit margin rose to over 6 percent from 5 percent in the previous year, while group sales rose 10 percent to 40 billion euros. Sales at its automotive division increased roughly 7 percent to 25.3 billion euros ($32.93 ...

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