KUKA reported that profitability was above the pre-Coronavirus levels, but did not meet 2017’s ones when the automotive world was doing well. With a top line quite close to the 2017 level, profitability could not follow due to higher input costs.
The outlook provided looks easily achievable, but profitability will be challenged by logistics and other issues.
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Above pre-crisis levels
- Published:
29 Mar 2022 -
Author:
Martin Schnee -
Pages:
4
KUKA reported that profitability was above the pre-Coronavirus levels, but did not meet 2017’s ones when the automotive world was doing well. With a top line quite close to the 2017 level, profitability could not follow due to higher input costs.
The outlook provided looks easily achievable, but profitability will be challenged by logistics and other issues.