Kuka: Autos & semi slowdown prompts guidance cut

YASKAWA Electric

11/01/2019 08:07

** Shares in German industrial robots maker  KU2G.DE  down
9% after guidance cut
    ** Cuts 2018 EBIT margin and sales, citing stronger slowdown
is automotive and electronic industry  urn:newsml:reuters.com:*:nASP0004HP
    ** The news comes just a day after another robotics maker
Yaskawa  6506.T  cut its guidance  urn:newsml:reuters.com:*:nL3N1Z9315
    ** "Although somewhat anticipated, a negative read for
Automation plays", Credit Suisse says

 ((anna.pruchnicka@tr.com))