2024-04-28
After experiencing strong sales growth last year, Augsburg, Germany-based robot maker Kuka expects only modest growth in 2024. In announcing its 2023 earnings report on the 11th, Kuka said that global uncertainty, pessimism and economic weakness are putting pressure on the German and global economies, which is also having an impact on Kuka and customer demand. Kuka, for example, saw a decline in orders in early 2024.