Recently, the CEO of Brose Group announced in Berlin that in the 2013 fiscal year, Brose Group's annual sales reached 4.7 billion euros, an increase of 4% year-on-year, of which sales in China and North America accounted for 50% of the total. .
According to Ou Tianyou, in 2013 fiscal year, the biggest driving force for sales growth came mainly from the Asian and North American markets. Among them, the demand for Brose products in the Asian market is steadily rising. Therefore, the company will vigorously expand its business in Asia in the future.
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According to TireWorld.com, in the financial year, the business growth of Brose seating system division was the most, with total sales amounting to 1.2 billion euros, an increase of 13% compared with the same period of last year. Brose’s share in the global electric seat adjuster market has thus increased to 27%. In addition, the company's door system business unit still accounts for the largest share of sales of 2.4 billion euros, and its motor business sales revenue increased to 1.1 billion euros.
According to information released by Brose Group, in 2013, the company’s investment amounted to approximately 264 million euros, which was mainly used to expand production scale. In addition to the establishment of three new factories in South Africa, Italy and Germany, the company also expanded its trial production base in Shanghai, China. And in the Czech Republic, a new elevated warehouse with 9,700 square meters of storage space will be built.
Brose Group claims that in 2014, its estimated sales revenue will increase by 8% to around 5 billion euros. The company’s shareholders have reached a consensus on a 920 million euro investment budget. These budgets will be mainly used for capacity expansion in the United States, Mexico, China and Thailand.
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