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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The Swisslog division generated incoming orders of around € 926 million - an increase of 24.7%. Sales revenue even increased by 28.7%. Excluding depreciation and amortization for the purchase price allocation, Swisslog achieved EBIT of € 22.2 million in 2017 compared to EBIT of € 15.6 million in 2016.