Germany's Bosch posts 10 pct gain in Q1 revenue

Newswire

STUTTGART, Germany, April 27 (Reuters) - Germany's Robert Bosch GmbH [ROBG.UL] increased sales in the first quarter by 10 percent, Chief Executive Franz Fehrenbach said on Thursday, citing a positive effect from more working days this year. Privately held Bosch, which makes everything from power tools to household appliances and packaging robots, overtook U.S. rival Delphi Corp. in 2004 to become the industry's largest automotive supplier in terms of revenue.

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