Bosch expects 2–3% y/y growth in revenue in 2018 on higher demand for electromobility, autonomous driving solutions
Company’s sales, on constant exchange rate, increased 5% y/y in first quarter
Bosch expects its revenue to grow by 2 to 3% year-over-year (y/y) in 2018, the Germany-based automotive supplier said in a press release. According to the company, its revenue in the first three months of the current financial year matched the high level of the same period of the previous year. Adjusted for exchange rate impacts, Bosch reported 5% y/y growth in revenue in the first quarter.
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