ROBO Global

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: $35.67

Market: NYSE
Market Cap: $1.99 billion

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of ROBO Global named herein, including the promotion by the Company of ROBO Global in any Content on the Site, the Company receives from said...



ROBO Global targets tech investments with growth potential in ETF Securities...

ROBO Global (ASX:ROBO) chief executive officer Richard Lightbound and ETF Securities co-head of sales Kanish Chugh speak to Proactive Investors about the two companies' partnership to formulate strategies for investment into robotics, automation and artificial...

on 06/17/2019

2 min read