Bosch sales growth falling in 2007 on strong euro

Newswire

STUTTGART, Germany, April 25 (Reuters) - Robert Bosch GmbH [ROBG.UL] expects revenue growth will decline this year due to the continued strength of the Euro, the world's largest car parts supplier said on Wednesday. "The strong appreciation of the euro leads us to expect slightly lower sales growth for the Bosch Group in 2007 than in 2006," Franz Fehrenbach, chairman of the management board, said in a statement. "After adjusting for currency effects, growth is likely to be a strong five ...

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