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Post by account_disabled on Jan 5, 2024 22:21:41 GMT -5
Bangkok – BSH Hausgerate GmbH, the world's second largest manufacturer of home appliances. Revealing 2018 sales revenue of 13.4 billion euros, considered the second highest sales revenue in history. This was despite the impact of currency changes showing gains of just under 1 percent, down a slight 3.2 percent from the previous year, based on the euro. Meanwhile, technology research and development expenses in 2018 increased from the previous year by 8.2 percent to 673 million euros, with revenue of 5.0 percent, a new record. BSH continues to C Level Executive List strengthen cooperation with startups. P It aims to accelerate the speed of innovation and business development. Including giving importance to technology and innovation of the digital system. Taking into account the consumer as the main Karsten Ottenberg, CEO of BSH Hausgerate GmbH, said: “After eight years of strong growth, the economic environment has changed significantly in 2018 due to market volatility. However, at the same time We are also witnessing intensifying competition in the Asian market. This has created many changes and challenges in the retail business. BSH is ready for an increasingly competitive environment and is working towards becoming a hardware plus company. that focuses on strategic change and deal with the right problems for the future.” Various results were revealed in different regions. Due to the global economic expansion in 2018, it clearly had an impact on the home electrical appliance market. It is also affected by the political situation. Despite being affected by many factors, BSH remains committed and able to efficiently generate revenue in various regions, such as the company's revenue in the Asia Pacific region.
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