KUKA AG
DGAP-Ad-hoc: KUKA Aktiengesellschaft / Key word(s): Change in Forecast
KUKA Aktiengesellschaft Zugspitzstrasse 140, 86165 Augsburg - ISIN DE0006204407- Listed on the following German stock exchanges: Frankfurt am Main and Munich Market segment: Prime Standard Disclosure of Inside Information in accordance with Article 17 MAR Adjustment of Guidance for Fiscal Year 2017 Yesterday, the Executive Board of KUKA Aktiengesellschaft conducted a comprehensive project review for 2017 and observed that developments in some projects of the KUKA Systems division as well as measures to improve the profitability of KUKA Systems GmbH will have negative effects on the earnings at around EUR 40 million in fiscal year 2017. Hence, KUKA lowers its guidance for the EBIT-margin (before purchase price allocations and growth investments) from the communicated 5.5% to approximately 4.3%. The guidance for the sales revenues will be raised to approximately EUR 3.45 billion (this corresponds to an increase of 17% compared to the sales revenues in fiscal year 2016 of approximately 2.95 billion). Augsburg, January 19, 2018 KUKA Aktiengesellschaft The Executive Board Contact: Kerstin Heinrich phone: +49 821 7975-481 fax: +49 821 7975-213 e-mail: kerstin.heinrich@kuka.com
19-Jan-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | KUKA Aktiengesellschaft |
| Postfach 43 12 69 | |
| 86072 Augsburg | |
| Germany | |
| Phone: | +49 (0)821 797 - 0 |
| Fax: | +49 (0)821 7975 - 333 |
| E-mail: | IR@kuka.com |
| Internet: | www.kuka.com |
| ISIN: | DE0006204407 |
| WKN: | 620440 |
| Listed: | Regulated Market in Frankfurt (Prime Standard), Munich |
| End of Announcement | DGAP News Service |
646677 19-Jan-2018 CET/CEST
