Kuka
Sales increase by 19
Kuka won more orders in the past financial year than ever before. At 4,459.5 million euros, the company achieved the highest order intake in its history, an increase of 25.1% compared to the previous year (2021: 3,565.3 million euros).
All divisions contributed to this good result. Demand for Kuka products and solutions was particularly high in China, but customers in the USA also invested in Kuka systems, especially for the production of electric vehicles. Sales amounted to 3.9 billion euros, 18.6% higher than in the previous year (2021: 3,286.2 million euros).
"Automation has become an integral part of industry and the economy and is more in demand than ever, across all sectors and countries - especially due to the coronavirus crisis and the ubiquitous shortage of personnel," said Peter Mohnen, CEO of Kuka. China in particular is an important growth market for the company, which generates around a quarter of its sales there.
Thanks to efficiency measures and high sales, Kuka significantly improved its EBIT by 91.6% (2021: 61.8 million euros) despite a sharp rise in energy and logistics costs and higher procurement prices. This corresponds to an EBIT margin of 3.0% (2021: 1.9%). Restrictions in the supply chain led to higher stock levels with more inventories of components and raw materials, but also to delays in delivery and payment. This weighed heavily on free cash flow. This amounted to -188.3 million euros in 2022.
Challenges in the year 2023
In the first three months of the current financial year, the company once again exceeded the results of the same period last year in all divisions. "Even though high prices, a tense supply chain situation and strong competition will continue to accompany us in 2023, we have started the new financial year with a very good first quarter," says Peter Mohnen.
You might also be interested in
Products of the year - The e-paper special
"Products of the Year 2023" goes interactive: the new e-paper including video news is here! The winners of the readers' poll have been chosen and in our interactive special edition you will find all the winning products at a glance and exclusive...
read more...Highest order intake in the company's history
Kuka can look back on the first six months of 2022 with satisfaction: At a good 2.5 billion euros, incoming orders are 34.8% above the previous year's figure. Sales revenue also increased by 13.5% to around 1.7 billion euros.
read more...Joint pay-on-production models
Kuka Systems and FlexFactory have launched a strategic cooperation to jointly offer pay-on-production. The aim of the cooperation is to offer customers adaptable production capacities that are booked as a service.
read more...Regulation and safety slow down robotics projects in Germany
QNX has published the study "Inside the Robot: Architecture Benchmark Report". The results of the global survey of 1000 robotics developers show that software and safety requirements are increasingly becoming the central bottleneck for innovations...
read more...Dr. Olaf Munkelt becomes new Chairman
Dr. Olaf Munkelt, co-founder and Managing Director of MVTec Software, is the new Chairman of the VDMA Robotics + Automation Association. He succeeds Dr. Dietmar Ley, former CEO of Basler, who stepped down from the board for statutory reasons.
read more...Change in the VDMA Robotics + Automation Board
Dr. Michael Jürgens, CEO of Kuka Robotics, is a new member of the board of the VDMA Robotics + Automation Association.
read more...Application phase for Innovation Award 2026 begins
How can robotics help to make packaging more sustainable? Kuka is looking for creative and innovative ideas in the new round of the Innovation Award.
read more...International Federation of Robotics
10.7% more robots in the US car industry
The US automotive industry is investing more heavily in robotics and automation: the number of installations rose to a total of 13,700 units in 2024 - an increase of 10.7 %. This is according to preliminary results from the International Federation...
read more...'Roibot Award' goes to inclusion project
The Wittekindshofer Werkstätten are creating a disabled-friendly workplace with a low-cost robot. The foundation has now received the 'Roibot Award' from Igus for this creative inclusion project.
read more...