29.10.2018 07:17:17

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

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

29-Oct-2018 / 07:17 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 October 28, 2018, the Executive Board decided in the context of the preparation of the financial statements Q3/2018 to adjust the Guidance for Fiscal Year 2018 (sales revenues > EUR 3.5 billion and EBIT-margin of approximately 5.5% before purchase price allocation, growth investments and reorganization costs) since the company is being affected by a slowdown in the automotive industry as well as some uncertainties in the Chinese automation market.
 
According to current estimates, KUKA lowers its guidance for the sales revenues 2018 to approximately EUR 3.3 billion and the EBIT-margin 2018 to approximately 4.5% before purchase price allocation, growth investments and reorganization costs.
 
 
Augsburg, October 29, 2018
 
KUKA Aktiengesellschaft
 
The Executive Board

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

29-Oct-2018 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

738587  29-Oct-2018 CET/CEST

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