KukaRecord sales - profit shrinks
Kuka has published preliminary figures for the 2017 financial year. In terms of turnover, the Group achieved significant double-digit growth. However, profits were in the red due to high investments and acquisitions.
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Preliminary incoming orders reached a new record level of around € 3.6 billion in the past financial year. This represents an increase of 5.6% compared to the previous year's figure. This is the fourth time in a row that Kuka has exceeded the previous year's figure. The increase was achieved primarily through expansion in the General Industry segment. The Augsburg-based company increased its sales by 18% to just under €3.5 billion, significantly exceeding the original target of €3.1 billion. In comparison: ...
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