Outlook and objectives

Prospects for 2018: Given the current economic forecasts and general conditions, KUKA anticipates rising demand in fiscal 2018, particularly from North America and Asia. A slight increase in demand is expected in Europe as a whole. From a sector perspective, KUKA expects a positive development for the sales markets in general industry. Demand in the automotive industry is anticipated to remain stable, now that customer investments have risen considerably in recent year.

Anticipated business development at KUKA

Summary Result 2017 Outlook 2018
Sales revenues EUR 3,749.9 million > EUR 3.5 billion
EBIT margin 4.3%* ~5.5%**
Net income for the year EUR 88.2 million rising
Investments*** EUR 138.8million rising
Free cash flow  EUR -135.7 million At prior-year level
Dividend per share EUR 0.50 At prior-year level


Before purchase price allocations (€13.7 million) and before growth investments (€31.9 million)

** Before purchase price allocations, before growth investments and before reorganization expenditure (€30 million)

*** Before financial investments 



Rising/ Declining: absolute change compared to prior year >10%


The detailed guidance report of KUKA can be found in the 2017 Annual Report under the “Forecast”.



This document contains forecasts based on assumptions and estimates by the management of KUKA Aktiengesellschaft. Even if the company management is of the opinion that these assumptions and estimates are valid, the actual future development and the actual future results may vary considerably from these assumptions and estimates due to numerous factors. These factors may include, for example, changes in the overall economic situation, exchange rates and interest rates, and changes affecting individual markets. KUKA Aktiengesellschaft provides no guarantee that the future development and the future results actually achieved will correspond to the assumptions and estimates stated here and accepts no liability if they should fail to do so.

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