DGAP-Adhoc

KUKA Aktiengesellschaft: Extraordinary expenses in connection with the takeover by MECCA/Midea impact earnings in 2016 - - KUKA reports record level of orders received amounting to around EUR 890 million in the second quarter of 2016

KUKA Aktiengesellschaft / Key word(s): Change in Forecast

21.07.2016 18:32

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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KUKA Aktiengesellschaft
Zugspitzstrasse 140, 86165 Augsburg, Germany

- ISIN DE0006204407 (KUKA shares not tendered) -
- ISIN DE000A2BPXK1 (KUKA shares already tendered) -

Listed on the following German stock exchanges:
Frankfurt am Main and Munich

Market segment: Prime Standard

Insider information according to Article 17 MAR




Extraordinary expenses in connection with the takeover by MECCA/Midea
impact earnings in 2016

KUKA reports record level of orders received amounting to around EUR 890
million in the second quarter of 2016

In reference to the tender offer of MECCA International (BVI) Limited
("Bidder"), a 100% subsidiary of Midea Group Co., Ltd. ("Midea"), as of 16
June 2016, extraordinary expenses will be incurred for such items as
consultancy costs and costs resulting from the share programs for
employees. In the 2016 financial year, the Executive Board is anticipating
an impact on the earnings before interest and taxes (EBIT) of around EUR 30
million, of which approximately EUR 21 million must already be taken into
account as of June 30, 2016.

The Executive Board still expects for the 2016 financial year sales
revenues in excess of EUR 3.0 billion and an EBIT margin of more than 5.5%
before purchase price allocation for Swisslog, though now also before
extraordinary expenses amounting to around EUR 30 million.

In the second quarter of 2016, KUKA achieved orders received amounting to
approximately EUR 890 million according to preliminary figures,
significantly surpassing expectations.

Augsburg, July 21, 2016

KUKA Aktiengesellschaft

The Executive Board




Contact:
Andreas Spitzauer
phone: [phone]
fax: [phone]
e-mail: [e-mail]


21.07.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language: English
Company: KUKA Aktiengesellschaft
Postfach 43 12 69
86072 Augsburg
Germany
Phone: [phone] - 0
Fax: [phone] - 333
E-mail: [e-mail]
Internet: www.kuka.com
ISIN: DE0006204407, DE000A2BPXK1
WKN: 620440
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Munich;
Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg,
Hanover, Stuttgart, Tradegate Exchange; Terminbörse EUREX

End of Announcement DGAP News-Service

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