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KUKA AG — Earnings Release 2010
Jul 28, 2010
253_rns_2010-07-28_138ae146-5742-42e8-8fb6-8a869852fb63.html
Earnings Release
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News Details
Ad-hoc | 28 July 2010 11:15
KUKA Aktiengesellschaft: KUKA AG raises guidance for current financial year
KUKA Aktiengesellschaft / Half Year Results/Change in Forecast
28.07.2010 11:15
Dissemination 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.
KUKA Aktiengesellschaft
Zugspitzstrasse 140, 86165 Augsburg
- ISIN DE0006204407-
Listed on the following German stock exchanges:
Frankfurt, Berlin, Düsseldorf,
Hamburg, Hanover, Munich,
Stuttgart
Market segment: Prime Standard
Ad hoc disclosure pursuant to section 15 German Securities Trading Act
(Wertpapierhandelsgesetz)
KUKA AG raises guidance for current financial year
-
Significantly higher orders received and sales lead to strongly
improved business results in Q2/10 -
2010 sales should surpass EUR 1 billion threshold
-
EBIT between EUR 20 and 30 million before restructuring expenses
expected
KUKA Group's preliminary results for the first half of 2010 were: orders
received of about EUR 548 million (H1/09: EUR 466.9 million), sales of
around EUR 480 million (H1/09: EUR 437.7 million) and a positive EBIT of
about EUR 5 million (H1/09: EUR -22.8 million). The Robotics division's
growth was particularly strong.
Based on the business development in the first half of 2010, the Group is
expecting to surpass the threshold of EUR 1 billion in sales in 2010
overall, provided general conditions remain stable. As a result, EBIT is
expected to come in at between EUR 20 and 30 million, although currently it
is estimated that restructuring expenses of about EUR 10 million will have
to be deducted from this result.
Further details about current business developments will be released in the
interim report for the first half of the 2010 financial year, to be
published on August 3, 2010.
Augsburg, July 28, 2010
KUKA Aktiengesellschaft
The Executive Board
Contact:
Andreas Spitzauer
phone: +49 821 7975-216
fax: +49 821 7975-213
e-mail: [email protected]
28.07.2010 Ad hoc announcement, Financial News and Press Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: 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: SDAX
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard),
München, Hannover, Düsseldorf, Hamburg, Stuttgart; Foreign
Exchange(s) SIX
End of News DGAP News-Service