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ROBO Global anticipates significant pick up in China automation orders

Richard Lightbound, ROBO Global's (NYSE:ROBO) CEO EMEA & Asia, tells Proactive London that year-to-date the ROBO Global Robotics and Automation Index is up 22.8%.

''If we looked at that over three years you've got 18% annualised returns  so we think some spectacular growth and certainly something that's outperforming the broader markets''.

''We're also in the middle of our earnings season ...I think one of the big headlines will absolutely be that China automation orders have really started to pick up  and you can see that really benefiting some of the companies that service that industrial and factory automation sub sector''.

Quick facts: ROBO Global

Price: 47.19 USD

Market: NYSE
Market Cap: $2.63 billion

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on 11/18/2019

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