UR reports record revenue

Universal Robots, a Danish collaborative robot (cobot) company, has reported Q4 revenue of $85m, bringing 2022 annual revenue to $326m, up 5% on 2021. On a constant currency basis, growth over the year was 12%.The company’s CFO Kim Andreasen says: “We are proud to have continued to grow our business despite facing a difficult macro-economic environment in 2022. We focused on things we were able to control, overcoming supply chain challenges to report our highest annual revenue to date.” In 2022 UR also began construction on its new headquarters and exceeded 1000 employees worldwide.
For further information www.universal-robots.com