The German technology group Bosch posted an operating profit of €1.7 billion in 2025, representing a 45 percent decline compared to the previous year, according to the company’s financial results.
Bosch noted that this level of profit is among the lowest ever recorded by the company, even below the figure for 2020, the year marked by the Covid-19 pandemic. This underperformance comes despite a slight increase in revenue of 0.8 percent year-on-year, reaching €91 billion.
The group attributes this development to a context of deep restructuring, particularly within its automotive division, which includes a major plan to cut 13,000 jobs by 2030. In 2025, these measures led to provisions estimated at €2.7 billion, mainly for severance payments.
As the world’s leading automotive supplier, Bosch also reported a decline in sales, unfavorable currency effects, and the negative impact of a tense geopolitical environment. The slowdown in the global economy and the introduction of U.S. tariffs in 2025 also weighed on the group’s results.
“Economic realities are also reflected in our results,” said Bosch CEO Stefan Hartung, describing the past year as “difficult, at times even painful.” He warned that 2026 would not be a year of relief, as the announced measures still need to be implemented.
The CEO also emphasized the intensifying global competition, particularly from China, and the impact of geopolitical developments. He noted that cost pressures and regulatory conditions in Germany continue to weigh on companies.
For the current fiscal year, Bosch maintains a cautious outlook and does not anticipate significant improvements before 2027, and only in certain markets. The automotive sector, the group’s central pillar, is expected to remain under pressure in the short term.
