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KUKA lowers order expectations for 2008

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The Kuka AG has reduced its orders expectations in the current business year because of the slow-down in the automobile industry.

The company wouldn´t repeat its previous forecasts for the upcoming year. However the Augsburg <link _top>robot and plant manufacturing concern confirmed the medium-term growth targets.

Especially the forecast for 2009 and the following years stood previously in the centre of interests of investors and analysts. “Because of the financial crisis and the worldwide economic downturn uncertainness about the development of the future demand grew up”, so in the preliminary report.

Company Info

KUKA AG

Zugspitzstraße 140
86165 Augsburg
Germany

Telephone: +49 821 45330

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