Germany's Bosch reports first annual loss since financial crisis

NAMPA / DPA
2026-04-16
Renningen, Germany (dpa) - The billions in costs incurred by job cuts and US tariffs pushed the German industrial group Bosch deep into the red last year. Profit after tax stood at minus ?400 million (about $470 million), chief financial officer Markus Forschner announced during the presentation of the firm's financial results on Thursday. In 2024, Bosch's profit after tax had halved compared with the previous year, but still stood at around ?1.3......
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