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STOCKS NEWS EUROPE-Kuka seen down on Q3 numbers

Mon Nov 2, 2009 2:39am EST

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Shares in industrial robotics maker Kuka (KU2G.DE) are indicated 2.5 percent lower in pre-market trade after the company late on Friday released third-quarter results and said it expected a 2009 operating loss of up to 15 million euros ($22.11 million).

"Analysts' consensus of an FY09 EBIT of 17 million euros is by far too high and has to come down. The Q309 report, below estimates, should drag down stock, too," a Frankfurt-based trader says. For more double click on [ID:nWEA7992], [ID:nLS717588]

Reuters Messaging rm://christoph.steitz.reuters.com@reuters.net

($1=.6784 Euro)


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