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KUKA AG is a Germany-based mechanical and plant engineering automation group. It focuses on industry markets, such as solar and aircraft, as well as the medical systems, logistics, metals and plastics. It is operational through two business divisions. The Robotics division develops, manufactures and sells robots, which are used in a variety of industries, such as medical, metalworking, plastics, electrical and electronics. The division’s product portfolio comprises six modular basic types with various mechanical and electrical feeding and loading options. The Systems division is an application engineering services provider for the automation of manufacturing processes. It plans, designs and builds robot-based systems for welding, gluing, sealing, metal forming, assembling, testing and handling metals and glass. KUKA Roboter GmbH and KUKA Systems GmbH are management companies of the Robotics and Systems divisions. Regional subsidiaries support the divisions worldwide.
Zugspitzstr. 140
Augsburg, 86165
+49-821-7970 (Phone)
+49-821-7975333 (Fax)

KUKA GROUP  Interim results for the first half of 2011 

Augsburg, August 3, 2011 
Record set for orders received in second quarter of 2011
Group: orders received up 52.9 percent to EUR 837.4 million in first half of fiscal 2011 (H1/11) 
Robotics posts another record high of EUR 183.2 million in Q2/11 Systems peaks at EUR 262.8 million in Q2/11Sales revenues up sharply in the first half of 2011: +38.2 percent to EUR 663.4 million EBIT margin climbs to 4.7 percent in H1/11; EBIT margin almost doubles year-over-year to 4.9 percent in Q2/11 Guidance for 2011 firmed up: forecast for sales of at least 1.2 billion with EBIT margin of at least 5 percent: sales revenues now expected to reach about EUR 1.3 billion KUKA lightweight robot receives prestigious euRobotics Technology Award 

KUKA continues to post robust business results. The second quarter's profitable growth seamlessly extended the excellent first quarter of this fiscal year. Strong capital spending by our customers drove the orders received by KUKA's operations to a high that was more than 50 percent above that of the year prior at the Group level. The Robotics division set another record. The orders received drove sales revenues sharply higher, which led to excellent capacity utilization for the first half year. Supported by the leaner cost structures, KUKA's EBIT came in at EUR 31.1 million for the first half of 2011, which compares to EUR 5.0 million during the prior year's same period. EBIT margin has already reached 4.7 percent after six months. 

In the first half of 2011, KUKA Group's orders received peaked at EUR 837.4 million, which is 52.9 percent higher than the EUR 547.7 million reported at the end of the first half of 2010. Robotics and Systems contributed equally to this increase. 
In the first half of 2011, the Robotics division had orders received of EUR 366.3 million, 48.7 percent more than the EUR 246.4 million posted at the end of the first half in 2010. By market segment, general industry's orders received were up the most, rising 63.3 percent from the first half of 2010 to the first half of 2011. But automotive and service also made noteworthy contributions with increases of 43.7 and 31.0 percent respectively. 

To further support this growth and the company's geographic diversification, KUKA reorganized its robotics business in China and established a separate company for sales, service and assembly of its robots. This initiative will enable KUKA to even better take advantage of the growth opportunities in the world's fastest expanding robotics market.

The Systems division received orders totaling EUR 478.6 million, up 45.5 percent from the EUR 329.0 million it generated in H1/10. In addition to the automotive sector, the growth was driven especially by orders from general industry and orders to build automated assembly lines.

KUKA Group set a record for consolidated orders received in the second quarter of 2011. The final total for the period was EUR 440.3 million. This is 10.9 percent higher than the prior quarter and up 55.1 percent from the EUR 283.9 million posted in the second quarter of 2010. The Robotics division contributed EUR 183.2 million to this total, which is 39.1 percent higher than the EUR 131.7 million recorded in Q2 of 2010. The Systems division's orders received also peaked at EUR 262.8 million, 57.0 percent higher than during the prior year's equivalent period.


Copyright  2011

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