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KUKA AG — Earnings Release 2007
Nov 6, 2007
253_rns_2007-11-06_88b77af5-5ddd-4898-adc6-03029cb4f296.html
Earnings Release
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Ad-hoc | 6 November 2007 07:12
KUKA Aktiengesellschaft: EBIT margin from operating business improves further in third quarter of 2007
KUKA Aktiengesellschaft / Quarter Results
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
The KUKA Group generated an EBIT of EUR 20.8 million in the third quarter
of 2007. Total EBIT for the first nine months of 2007 is therefore EUR 49.1
million, which corresponds to an EBIT margin of 5.3 percent. Included in
the cumulative EBIT as of September 30, 2007 are net profits of EUR 5
million from the sale of properties. Net operating profit margin thus
stands at 4.7 percent. Given these results, the Executive Board expects a
higher EBIT margin from operating business for the 2007 financial year than
the previously targeted 4.6 percent. Added to this will be profits from the
aforementioned property sales.
The Executive Board also expects an improvement in net liquidity from the
current target of approximately EUR 100 million, which was exceeded as of
September 30, 2007 (EUR 106.7 million).
The Executive Board is therefore aiming to resume payment of a dividend for
the 2007 financial year.
Augsburg, November 6, 2007
The Executive Board
Contact:
Herr von Muenchhausen
Tel.: +49 (0)821 7975-325
Fax: +49 (0)821 7975 333
E-Mail: [email protected]
06.11.2007 Financial News transmitted by DGAP
Language: English
Issuer: KUKA Aktiengesellschaft
Postfach 43 12 69
86072 Augsburg
Deutschland
Phone: +49 (0)821 797 - 0
Fax: +49 (0)821 7975 - 333
E-mail: [email protected]
Internet: www.kuka.com
ISIN: DE0006204407
WKN: 620440
Indices: MDAX
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard),
Hannover, München, Hamburg, Düsseldorf, Stuttgart; Foreign
Exchange(s) SWX
End of News DGAP News-Service