Robotics / IntralogisticsKuka feels economic slowdown
The Augsburg-based Kuka Group has published its figures for the 2018 financial year - with declines in turnover, order intake and profit. The company, which has been in Chinese hands for two years, expects a slight recovery in 2019.
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© Kuka
The increasingly noticeable general economic slowdown in Kuka's focus markets of the automotive and electronics industries had an impact on both order intake and sales. At the end of 2018, the Group's order backlog amounted to 2.05 billion euros, a decrease of 4.7% compared to the previous year (2.16 billion euros).
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