Kuka
Record 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.
"We continued to benefit from the trend towards digitalization last year. The strong demand for intelligent automation solutions continues," said Dr. Till Reuter on the occasion of the publication of the business figures. The CEO of Kuka AG continued: "At the same time, we had to set the right course for a successful future. Investments are an important pillar of our success - in key technologies and innovative products for Industry 4.0, in partnerships, in new business areas such as consumer robotics and in the growth market of China."
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