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German BSH Hikes 2007 Profit to €637 Million
 
  May 7, 2008 -- German household appliances maker Bosch-Siemens Hausgeraete GmbH (BSH) saw its pretax profit rise 17.5 pct year-on-year to a record-high of €637 mln in 2007, the company announced on May 7, 2008. Sales grew 6.1 pct to €8.8 bln.

The greatest share of BSH's growth was generated on markets outside Germany, which accounted for some 80 pct of the company's total sales. BSH provided an above-average performance in Asia, particularly in China, where sales rose by over 26 pct, and in eastern Europe, with sales up 24 pct.

Abstracted from German News Digest

 

 
Tags/Labels: Germany, Finance & Business

 
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