DGAP-Adhoc: KUKA Aktiengesellschaft: Adjustment of Guidance for Fiscal Year 2018

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DGAP-Ad-hoc: KUKA Aktiengesellschaft / Key word(s): Forecast
KUKA Aktiengesellschaft: Adjustment of Guidance for Fiscal Year 2018

10-Jan-2019 / 21:30 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


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 2018
 
On January 10, 2019, the Executive Board decided in the context of the preparation of the financial statements 2018 to re-adjust the Guidance communicated in October 2018 for Fiscal Year 2018 (sales revenues of approximately EUR 3.3 billion and EBIT-margin of approximately 4.5% before purchase price allocation, growth investments and reorganization costs). The reasons are primarily that the company is being affected by a stronger slowdown in the automotive and electronic industry in the fourth quarter 2018, ongoing uncertainties in the Chinese automation market and negative impacts from the project business.
 
According to current estimates, KUKA lowers its guidance for the sales revenues 2018 to approximately EUR 3.2 billion and the EBIT-margin 2018 to approximately 3.0% before purchase price allocation, growth investments and reorganization costs.
 
 
Augsburg, January 10, 2019
 
KUKA Aktiengesellschaft
 
The Executive Board


Contact:
Kerstin Heinrich
phone: +49 821 7975-481
fax: +49 821 7975-213
e-mail: kerstin.heinrich@kuka.com

10-Jan-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


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

765231  10-Jan-2019 CET/CEST

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