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.
© Kuka
The EBIT margin for the Group was 3% (2017: 4.3%). Taking into account all expenses in 2018, earnings before interest and taxes amounted to EUR 34.3 million (2017: EUR 102.7 million). At 16.6 million euros, earnings after taxes were over 80% below the previous year's figure.