But on omission! KUKA’s management strives to meet guidance, expecting a pick-up of the business in H2. The company had always booked in recent quarters the costs for various initiatives, which burdened the EBIT line, but were expected to be beneficial for future growth. It seems that management has cancelled these in Q1 in order to meet a target. Profitability exceeded our expectations.
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- Published:
29 Apr 2019 -
Author:
Martin Schnee -
Pages:
3
But on omission! KUKA’s management strives to meet guidance, expecting a pick-up of the business in H2. The company had always booked in recent quarters the costs for various initiatives, which burdened the EBIT line, but were expected to be beneficial for future growth. It seems that management has cancelled these in Q1 in order to meet a target. Profitability exceeded our expectations.