
Universal Robots has continued its rapid expansion worldwide with a growth rate of 62 per cent from 2015 to 2016.
The company that pioneered and commercialised collaborative robot technology continues to leverage its first mover advantage and market leadership position.
Cage-free, user-friendly collaborative robots of all sizes have now become the market driver within industrial robotics.
The 2016 annual result of Universal Robots is a testament to that market growth, with revenue reaching $98.4 million and delivering a profit of $13.7 million before tax.
President of Universal Robots, Jürgen von Hollen, considers net income to be satisfactory and expects revenue growth of 50 per cent or greater in 2017, which means that the company will stay on target to reach $148.6 million by the end of 2017. [Read more…] about Universal Robots delivers high double-digit growth again













