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KUKA Group - revenue 1999-2019

This statistic shows KUKA Group's revenue between the fiscal year of 1999 and the fiscal year of 2019. In the fiscal year of 2019, the Germany-based producer of industrial robots generated around 3.2 billion euros (or about 3.5 billion U.S. dollars, as of May 27, 2020) 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.

KUKA Group's revenue from FY 1999 to FY 2019

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Source

Release date

March 2020

Region

Worldwide

Survey time period

FY 1999 to FY 2019

Supplementary notes

The figures from 1999 to 2017 are taken from previous annual reports.
According to the source, figures for previous years may not be entirely comparable.
The values have been rounded.
One euro is approximately equal to 1.12589 U.S. dollars as of March 28, 2019.

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Statistics on "Industrial robots "

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