KUKA achieves a new record for orders received totaling almost 1 billion euro in the last quarter

KUKA achieves a new record for orders received totaling almost 1 billion euro in the last quarter
KUKA Roboter GmbH (Germany) - KUKA Group has completed the third quarter of 2016 with successful results. “KUKA remains on course for growth,” states Dr. Till Reuter, CEO of KUKA AG. “We are positioned excellently for the future thanks to our orientation towards the focus markets and our investments in key technologies for Industrie 4.0.”

In the third quarter of 2016, KUKA Group achieved a record volume of orders received totaling €987.5 million. Compared to the prior-year quarter, this corresponds to an increase of 42.1% (Q3/15: €694.9 million). The strong demand was supported by customers in both the Automotive and the General Industry segments. In the first nine months of 2016, KUKA Group increased the volume of orders received by 23.1% from €2,134.8 million (9M/15) to €2,627.4 million (9M/16).

In the third quarter of 2016, the Robotics division posted orders received totaling €287.1 million (Q3/15: €222.4 million). In the first nine months of 2016, Robotics reported orders received totaling €781.0 million (9M/15: €686.5 million).

Orders received by the Systems division amounted to €526.2 million in the third quarter of 2016 (Q3/15: €355.1 million), 48.2% above the comparable figure from the previous year. All segments contributed to this growth, with very strong impetus coming from the Automotive sector and from North America. Orders received rose 21.3% to €1,351.7 million in the first nine months of 2016 (9M/15: €1,114.0 million).

In the third quarter of 2016, the Swisslog division booked new order volumes of €199.4 million (Q3/15: €127.3 million). Orders received totaled €535.2 million in the first nine months of 2016, topping the figure for the corresponding period last year by 48.4% (9M/15: €360.6 million).

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