Chinese-dominated KUKA has adjusted the already lowered FY 2018 guidance (sales: €3.3bn, adjusted EBIT margin: around 4.5%) once again. Management now expects sales of c.€3.2bn and an adjusted EBIT margin of 3.0%. The 2020 targets (sales: €4.0-4.5bn; adjusted EBIT: ~7.5%) do not look realistic according the new management.
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Robots are not cup-cakes, even in China
- Published:
14 Jan 2019 -
Author:
Martin Schnee -
Pages:
2
Chinese-dominated KUKA has adjusted the already lowered FY 2018 guidance (sales: €3.3bn, adjusted EBIT margin: around 4.5%) once again. Management now expects sales of c.€3.2bn and an adjusted EBIT margin of 3.0%. The 2020 targets (sales: €4.0-4.5bn; adjusted EBIT: ~7.5%) do not look realistic according the new management.