Kuka reported final 2017 results. We have no recommendation (major shareholder with 94.6% Midea) but take the company as a proxy for the automation process in the industry. Kuka has already released preliminary results in January combined with a profit warning.
15 Feb 2018
EBIT margin too low, Robotics division is driving the performance!
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EBIT margin too low, Robotics division is driving the performance!
- Published:
15 Feb 2018 -
Author:
Heinz Steffen -
Pages:
2
Kuka reported final 2017 results. We have no recommendation (major shareholder with 94.6% Midea) but take the company as a proxy for the automation process in the industry. Kuka has already released preliminary results in January combined with a profit warning.