German industrial robots maker Kuka (KU2G) reported that its fiscal 2012 earnings after taxes increased to 55.6 million euros from 29.9 million euros last year, with earnings per share improving to 1.64 euros from 0.89 euros in the previous year.
Consolidated orders received for the fiscal year reached 1.89 billion euros, up 21.7 percent from 1.553 billion euros posted for 2011.
KUKA Group's sales revenues for the fiscal year were 1.739 billion euros, 21.1 percent higher than 2011's 1.436 billion euros.
The company said that its Executive Board will propose to shareholders at the Annual General Meeting that a dividend of 0.20 euros per share be paid for fiscal 2012.
KUKA Group expects sales during fiscal 2013 to reach about 1.8 billion euros, up from 1.74 billion euros in 2012. Base on the sales growth forecast, EBIT margin should come in at around 6.5 percent, up from 6.3 percent in 2012.
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