UPDATE 1-Bosch misses '08 margin target, outlook gloomy

Newswire

* Says 2008 sales fall 2.8 pct to about 45 bln eur * Says 2008 pretax margin fell to 2.5 pct from 8.2 pct * Says 2009 could be worse than 2008 (Adds earnings, outlook details and background) STUTTGART, Germany, Jan 28 (Reuters) - The downturn in the global automotive industry hit German industrial group Robert Bosch [ROBG.UL] as it recorded a slump in 2008 earnings before tax, missing its margin target and prompting a gloomy outlook. Earnings before tax at the world's largest ...

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