The current economic environment and the uncertainties, especially in the automotive industry, negatively impacted KUKA’s Q2 report. Despite having a dominant shareholder, who made some direct investments in KUKA subsidiaries, the China division China has not really benefited from this kind of constellation although it has shown some improvement. Profitability was slightly above our expectations.
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The China commitment isn't really paying off
- Published:
07 Aug 2019 -
Author:
Martin Schnee -
Pages:
3
The current economic environment and the uncertainties, especially in the automotive industry, negatively impacted KUKA’s Q2 report. Despite having a dominant shareholder, who made some direct investments in KUKA subsidiaries, the China division China has not really benefited from this kind of constellation although it has shown some improvement. Profitability was slightly above our expectations.