Managing director, Uwe Harbauer, has presented a financial report at ACHEMA 2018
Bosch Packaging Technology has achieved €1.3 billion in sales in 2017; the figure is on par with the previous year's level.
Uwe Harbauer, managing director of the Bosch subsidiary, presented the financial report at Achema 2018. He said a higher order volume was achieved in the pharmaceutical sector.
"The market is continuing to develop positively, and we were able to win market shares in several segments," explained Harbauer, who is also head of the business unit pharma.
The company expects a good sales development for the pharma division in 2018. In comparison, the food business unit could not entirely match the results of the previous year.
"We have introduced individual restructuring measures to concentrate our activities and optimise our competitiveness," Harbauer said.
The developments in China are highly satisfactory for the business unit pharma: despite growing competition, Bosch was able to further expand business in the region. This is partly due to the establishment of an own organisation in 2001, which today has nearly 350 employees.
This way Bosch managed to build an extensive customer base at an early stage. Middle East and Africa also saw some forward-looking projects – both in equipping new manufacturing facilities and in expanding existing ones.
The order intake was doubled compared to the previous year.