DGAP-Ad hoc: KUKA AG

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 2017
 
Yesterday, the Executive Board of KUKA Aktiengesellschaft conducted a comprehensive project review for 2017 and observed that developments in some projects of the KUKA Systems division as well as measures to improve the profitability of KUKA Systems GmbH will have negative effects on the earnings at around EUR 40 million in fiscal year 2017.
 
Hence, KUKA lowers its guidance for the EBIT-margin (before purchase price allocations and growth investments) from the communicated 5.5% to approximately 4.3%. The guidance for the sales revenues will be raised to approximately EUR 3.45 billion (this corresponds to an increase of 17% compared to the sales revenues in fiscal year 2016 of approximately 2.95 billion).
 
 
Augsburg, January 19, 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