KUKA Aktiengesellschaft reported group earnings results for the first quarter ended March 31, 2012. For the quarter, the company reported sales revenue of EUR 367.3 million against EUR 326.5 million for the same period last year. Earnings before interest and taxes (EBIT) were EUR 21.9 million against EUR 14.7 million for the same period last year. Earnings before interest, taxes, depreciation and amortisation (EBITDA) were EUR 28.5 million against EUR 20.8 million for the same period last year. Net result was EUR 10.8 million against EUR 5.4 million for the same period last year. Earnings per share were EUR 0.32 against EUR 0.17 for the same period last year. Capital expenditure was EUR 12.8 million against EUR 4.1 million for the same period last year. Net debt at the end of the period was EUR 38.4 million against EUR 70.1 million at the end of corresponding period last year. The company provided earnings guidance for the fiscal 2012. The company expects sales revenues of at least EUR 1.44 billion for fiscal 2012. Assuming unchanged general conditions, the company expects to reach about EUR 1.5 billion. Based on this sales forecast, the group is forecasting an EBIT margin of 5.5% to 6.0%.