KUKA reported strong first quarter results. Revenues jumped 25.7% to €790.8m and order intake increased 29.6% to €967.3m and, excluding the large order of €90m, the order intake jumped 17.5%. In the first quarter, the company received a large order from a premium major European automotive manufacturer. The system will allow the manufacturer to produce different vehicle models in the premium segment.
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Strong revenue and order growth but declining margins
- Published:
27 Apr 2017 -
Author:
Heinz Steffen -
Pages:
2
KUKA reported strong first quarter results. Revenues jumped 25.7% to €790.8m and order intake increased 29.6% to €967.3m and, excluding the large order of €90m, the order intake jumped 17.5%. In the first quarter, the company received a large order from a premium major European automotive manufacturer. The system will allow the manufacturer to produce different vehicle models in the premium segment.