Ad-hoc | 29 October 2018 07:17
KUKA Aktiengesellschaft: Adjustment of Guidance for Fiscal Year 2018
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KUKA Aktiengesellschaft / Key word(s): Change in Forecast
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.
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| 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 |