Bosch Malaysia expects double-digit sales growth


KUALA LUMPUR: Bosch Malaysia expects all of its business divisions to record double-digit growth in sales this year, as it intends to expand its footprint in the country and intensify its promotional activities.

Bosch Malaysia & Singapore managing director Martin Hayes said on Tuesday the company is looking to make further inroads into states such as Kelantan and Johor, as well as beyond the peninsular into Sabah and Sarawak.

"We expect to progressively expand our footprint in line with the rising affluence of Malaysia and its increasing demand for cutting-edge technologies in everyday life," he said at a media briefing on Bosch Malaysia's 2012 financial results.

Hayes added that the company would also be introducing its latest line-up of web-based surveillance cameras designed for high performance under extreme low-light conditions, as well as a series of automotive spare parts for local and Asian-made passenger cars within the year.

He said the automotive aftermarket division, which recorded a 4% increase in sales last year, would be expanding its distribution network to enhance the availability of its products such as spark plugs, wipers, batteries and other spare parts to customers.

Hayes, who is also president for Bosch Southeast Asia, noted that Iskandar Malaysia, Sabah Development Corridor, East Coast Economic Region and Sarawak Corridor of Renewal Energy offered opportunities to Bosch Malaysia to become a one-stop solutions provider.

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Bosch Malaysia , Sales growth

   

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