Profit at Bosch Breaks in by Almost Half

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Bosch reports a sharp drop in profits in Gerlingen by almost half to 1.7 billion euros.

focus.de

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The Bosch technology group once again made significantly less profits last year. According to preliminary figures, operating earnings before interest and taxes (ebit) declined by a good 45 percent to 1.7 billion euros, as the company reported in Gerlingen near Stuttgart.

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Bosch doesn't earn as much as it has been for years. Especially the horrifying costs for job reduction plans burden the profit. What's behind it.