Sale of EX-CELL-O

Charges against 2005 consolidated year-end result

2005年12月29日

On December 29, 2005, the IWKA Group sold the EX-CELL-O Group ofcompanies, consisting primarily of Ex-Cell-O GmbH, Eislingen, Germany, Ex-Cell-O Machine Tools, Inc., USA and Ex-Cell-O Machines S.A.S., France, to MAXCORInc., New York, effective December 31, 2005/January 1, 2006. The deal is subjectto approval by the relevant antitrust authorities.

A book loss of about EUR 55 million will be charged against the IWKA Group'searnings from discontinued operations in 2005 as a result of this divestiture. TheEX-CELL-O Group's operating losses of about EUR 40 million will be in addition tothe aforementioned charge.

In addition, one-time expenses resulting from the Continuing Operations of aroundEUR 40 million will be charged against the IWKA Group's consolidated EBIT for2005. These relate to structural improvements to the Automotive Technology,Packaging Technology and Robot Technology Divisions. The one-time expenseswill make the otherwise positive IWKA Group consolidated EBIT from theContinuing Operations negative.

The Executive Board is planning significant growth in cash flow and earnings asearly as 2006 because of the sale of the non-core companies and the previouslyintroduced optimizations in the Continuing Operations.

 

Karlsruhe, December 29, 2005
The Executive Board

Cookie 设置 确定并了解 KUKA

本网站使用 Cookie (更多相关信息),以便在线为您提供最佳服务。如果您继续使用我们的网站,我们只使用技术上必要的 Cookie。点击“确定并了解 KUKA”,则表示您额外同意使用营销 Cookie。点击“Cookie 设置”,您可以选择我们使用哪些 Cookie。

Cookie 设置