Dissect the revenue structure of KUKA robots

Create Date: 2024-8-30 12:03:23|Source: KUKA

KUKA has three divisions: (1) Robotics: including six-axis robots, medical machine factories, palletizing robots and other products; (2) System integration: provide solutions for automobile production, electronic processing, food processing and other industries; (3) Swisslog: KUKA acquired it in 2015 to implement advanced automation solutions for hospitals, warehouses and distribution centers. In 2017, KUKA's system integration business accounted for 45.4% of its revenue, while the robot body accounted for 34.5%, and Swisslog and KUKA had a good synergistic effect, steadily increasing its revenue to 22%.

                                 Dissect the revenue structure of KUKA robots

In 2017, KUKA was acquired by Midea, and KUKA also increased its expansion in its shopping malls in China. In 2017, the operating income of KUKA robot segment was about 1.2 billion euros, accounting for 38% of the total sales, during which China's shopping malls accounted for about 20%, and KUKA plans to achieve annual sales of more than 1 billion euros in China's shopping malls by 2020, and the synergy with Midea Group is expected to become increasingly prominent.

In terms of cost expenditure, the overall trend of cost expenditure in KUKA expansion plan (1) continues to rise; (2) a plan to continue to expand production capacity; (3) The focus of development is aimed at China's shopping malls. In the meantime, the two points (1) and (2) reflect the upward trend of KUKA's boom in the robot industry, and the (3) point reflects the increasing importance of China's position as the world's largest demand for robots.

In January 2018, KUKA started operations at its second plant in Shanghai, doubling its annual production capacity to 25,000 units. In March 2018, the company opened its second largest production plant in Shunde, and it is expected that the base will have a robot production capacity of 75,000 units per year by 2024, and the total production capacity of KUKA robots in China will reach 100,000 units during the same period.
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