Outlook and objectives

Given the current economic forecasts and general conditions and taking into consideration the existing risk and opportunity potential, KUKA anticipates a slight increase in demand in the 2019 financial year. Growth is expected primarily in Asia, and there especially in China. A slightly positive development is anticipated in Europe and the Americas. From a sector perspective, KUKA expects an increase on the previous year for the sales markets in general industry. Demand in the automotive industry is expected to remain stable. Uncertainties are due primarily to current political and global economic develop¬ments. This also affects the world’s largest robotics markets, such as the automotive and electronics industries, where we shall keep a close eye on developments.

Anticipated business development at KUKA

Summary Result 2018 Outlook 2019
Sales revenues EUR 3,242.1 million ~ EUR 3.2 billion
EBIT margin 3.0%1 >1.1%3
Net income for the year EUR 16.6 million rising
Investments2 EUR 295.4 million below Prior-year level
Free cash flow  EUR -213.7 million significantly above prior-year level
Dividend per share EUR 0.30 at prior-year level


1 Before purchase price allocations, before growth investments and before reorganization expenditure

Before financial investments

3 incl. reorganisation expenses



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


The detailed guidance report of KUKA can be found in the 2018 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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