Bosch Greece: Sales increased by 17.5% in 2021

Bosch Greece, a member of the Bosch International Group and with a presence of 109 years in Greece, announced today the provisional financial data recorded in 2021.

Last year, Bosch Greece recorded positive figures, with its sales increasing by 17.6% compared to 2020. In particular, total sales for 2021 amounted to 64.8 million euros and pre-tax profits in EUR 2.05 million. Including the group’s subsidiaries in Greece, the total turnover amounted to 230.7 million euros. “The company’s performance exceeded our expectations in 2021 and reached pre-pandemic growth rates,” said Mr. Ioannis Kapras, CEO of Bosch Greece.

In terms of turnover per segment, the Auto Parts segment recorded an overall increase of 16.8%, the Power Tools and Heating divisions, which had fallen in 2020 due to the closure of retail, in 2021 recorded significant increases of 30 , 2% and 14% respectively – increases that show Bosch’s good position in the market, but also consumer confidence. Security Systems recorded a total decrease of 6.2%, since all major projects have received an extension of implementation for the future.

In his statements the gentleman Ioannis KaprasCEO of Bosch Greece, states: “The positive results of Bosch in Greece confirm a business success that is a result of the commitment of our employees, the trust of our customers, and the excellent relationships we maintain with our partners and suppliers. We are starting the business year 2022 with a positive sign, despite the significant challenges that are emerging. “There will be a positive outlook to move up again this year and bring satisfactory results.”