BSH Results

BSH Hausgeräte GmbH had a turnover of 14.8 billion euros, 7% less than in 2022 (but net of exchange rate effects, sales are unchanged). Market shares remained stable even in areas such as North America where BSH brands recorded a drop in sales of 11.3%, mainly due to very weak demand and a very competitive environment. The decline in ‘greater China’ was also significant (-10.5%) BSH is still the largest non-Chinese appliance manufacturer in China, but faces strong price competition from Asian suppliers.Europe the number of household appliances sold decreased much more than the turnover (-6.3%). In the emerging market region, which includes Eastern Europe, the Middle East and the African continent, the sales decline was relatively smaller at 2.2%. Without considering the complete abandonment of the Russian business,

BSH management team. From left: Lars Schubert, Gerhard Dambach, CEO Matthias Metz, Alexander Dony and Rudolf Klötscher

BSH was able to record a slight increase in turnover, mainly thanks to the positive development in Turkey.press release and in the press conference held by CEO Mattias Merz, Bosch Cookit was cited as an example of innovative products, considered the best food processor with cooking function by the German consumer organization Stiftung Warentest, the new premium series of built-in ovens from Siemens with Artificial Intelligence and an integrated camera to automatically recognize dishes and suggest the appropriate cooking settings and the Gaggenau Essential Induction hob that disappears under the pressed stoneware worktop