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KUKA Group - revenue 1999-2018

KUKA Group's revenue from FY 1999 to FY 2018 (in million euros)

by I. Wagner, last edited Mar 28, 2019
KUKA Group - revenue 1999-2018 This statistic shows KUKA Group's revenue between the fiscal year of 1999 and the fiscal year of 2018. In the fiscal year of 2018, the Germany-based producer of industrial robots generated around 3.3 billion euros (or about 3.72 billion U.S. dollars, as of March 28, 2019) in revenue.
The KUKA Group in the era of consolidation in the industrial manufacturing industry

The KUKA Group is ranked among the leading manufacturers of industrial robots. Its products range from spot welding robots to medical devices and can be deployed in an array of industries, including automotive and aerospace manufacturing. In 2016, KUKA and its largest shareholder at the time, Germany-based Voith GmbH, received a takeover bid from China’s Midea Group. The unsolicited offer valued the German robot maker at almost 40 times the firm’s expected 2016 earnings. As of March 2017, Midea has acquired around 95 percent of KUKA’s stock. As a result of slowing growth in China and widespread unrest among Chinese factory workers, Asian investors are beginning to increase outbound merger and acquisition (M&A) deals. Furthermore, the Industrial Internet of Things (IIoT) revolution is expected to drive consolidation in the automation industry, a growing number of companies in traditional sectors are at a crossroads and are forced to make strategic decisions. In 2015, the highest level of M&A activity in the industrial sector could be attributed to PLM and System Integrators.
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KUKA Group's revenue from FY 1999 to FY 2018 (in million euros)

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