Outlook and objectives

On the basis of the currently difficult general conditions and exchange rates, KUKA is expecting revenues at the previous year’s level for the full year 2020. The EBIT margin is expected to increase slightly over the previous year within a low single-digit percentage range. It is not yet possible to estimate the effects of the coronavirus crisis on the forecast results and they have therefore not been taken into account in the forecast.

Anticipated business development at KUKA excluding potential effects of coronavirus crisis

Summary Result 2019 Outlook 20201
Sales revenues EUR 3,192.6 million at prior-year level
EBIT margin 1.5%2 rising
Net income for the year EUR 17.8 million rising
Investments3 EUR 151.1 million below Prior-year level
Free cash flow  EUR 20.7 million slighlty above prior-year level
Dividend EUR 0.154 at prior-year level

 

1 It is not yet possible to estimate the effects of the coronavirus crisis on the forecast results and they have therefore not been taken into account in the forecast.

2 Including all reorganization expenditure

3 Before financial investments

4 Subject to approval by shareholders at the Annual General Meeting on June 10, 2020.

 

The detailed guidance report of KUKA can be found in the 2019 Annual Report under the “Forecast”.

 

Disclaimer:
The forward-looking statements are based on current assessments and are naturally subject to risks and uncertainties. Actual results may differ from these statements.

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