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Investing.com -- Robert Bosch (NSE:BOSH), the German automotive supplier, has projected a modest sales growth of 1% to 3% for 2025, after adjusting for currency fluctuations. This forecast, however, is subject to uncertainty due to the unstable global trade environment, according to the company’s statement on Thursday.
Bosch attributed the uncertainty to a challenging business environment in its primary markets, as well as the potential impact of state infrastructure investment programs. The company also pointed out that the potential effects of additional tariffs and economic impacts from European and German infrastructure investments make the assessment more difficult.
The company experienced a 4% sales increase in the first quarter of 2025, compared to the same period in the previous year. In contrast, Bosch’s German counterpart, Schaeffler, reported a 2.9% decline in first-quarter revenue on Wednesday, citing overall industry softness.
Despite the challenging environment, Bosch has reaffirmed its operating margin target of 7% for 2026, though it acknowledged that achieving this goal would be "extremely challenging".
In terms of employment, Bosch anticipates a further reduction in the number of jobs at the company, particularly in Germany and Europe. The firm did not provide specific figures or a timeline for these expected job cuts.
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