A strong result for KUKA: The Augsburg-based automation group won more orders than ever before in the past financial year: at €4,459.5 million, KUKA achieved the highest order intake in the company's history, an increase of 25.1% compared to the previous year (2021: €3,565.3 million).
All KUKA divisions contributed to this good result. Demand for KUKA products and solutions was particularly high in China. However, customers in the USA also invested in KUKA systems, especially for the production of e-vehicles. Sales were 18.6% higher than in the previous year (2021: €3,286.2 million). The book-to-bill ratio of 1.14 was above the previous year's level (2021: 1.08).
Thanks to efficiency measures and high sales, KUKA improved EBIT significantly by 91.6% (2021: €61.8 million) despite a sharp rise in energy and logistics costs and higher procurement prices. This corresponds to an EBIT margin of 3.0% (2021: 1.9%). Constraints in the supply chain led to higher inventories with more stocks of components and raw materials, but also to delays in delivery and payment. This strongly impacted the free cash flow which amounted to € -188.3 million in 2022.
High prices and strained supply chains: Challenges in 2023
In the first three months of the current financial year, KUKA again exceeded the results of the same period last year in all divisions. "Even though high prices, a strained supply chain and fierce competition will continue to accompany us in 2023, we have started the new financial year with a very good first quarter. We owe this to the committed KUKA employees worldwide," says Peter Mohnen.
Financial figures 2022 KUKA Group
|
Orders received
|
3,565.3
|
4,459.5
|
25.1
|
|
Sales Revenues
|
3,286.2
|
3,897.0
|
18.6
|
|
Book-to-Bill ratio
|
1.08
|
1.14
|
–
|
|
EBIT
|
61.8 |
118.4
|
91.6
|
|
EBIT margin in %
|
1.9
|
3.0
|
–
|
