Kuka, Germany’s largest industrial robot manufacturer, has made a successful start to the new fiscal year. Between January and March, the Augsburg-based group’s revenue rose by 18.3 percent to €853.4 million. At just under €1.3 billion, Kuka also recorded an about 42 percent higher contract volume. The number of orders in China even doubled. Local sales increased by 61.2 percent. Germany and the USA remain the biggest markets for the company, with 28 and 27 percent respectively. However, China follows in third place with 17 percent.
Continue reading now
Get 30 days of free access to the Decision Brief to read these and more quality news every day.
Are you already a guest at the China.Table? Log in now