KSB makes sturdy start to 2022

The German pump producer KSB has obtained the 2022 monetary 12 months off to a robust begin with first quarter order intake rising by 27.1% to €763 million and sales revenue up three.5% to €558 million.
Europe, KSB’s largest area, posted a 23.5% increase so as consumption to €390.8 million, however sales revenue slipped 6.0% on a 12 months in the past to €282.9 million. The largest percentage development was reported in the Americas area, where KSB increased its order intake by forty four.7 % to €145.eight million and gross sales revenue by 34.3% to €105.2 million. In the Asia/Pacific region, order consumption was up 23.9% to €180.4 million and sales revenue grew 6.4% to €134.four million. The Middle East/Africa/Russia area noticed a 21.9% increase so as consumption to €45.6 million and a 6.1% rise in sales income to €35.7 million.
“We continued the excellent corporate improvement of the previous yr within the new 12 months too, despite the difficult situations,” says KSB CEO Dr Stephan Timmermann. “Although Smooth -related downtimes in Germany and France, in addition to in components of Asia, affected manufacturing, we were capable of offset this, thanks to the flexibility of our employees.” KSB’s first quarter was additionally impacted by the navy battle in Ukraine.
KSB stays assured about the rest of the year, regardless of the troublesome setting.
“The challenges are diverse and sophisticated,” says Timmermann. “These embrace the persistently excessive Covid-19 an infection figures and lockdowns in China, the influence of the Russian struggle towards Ukraine and the associated sanctions, worth increases and bottlenecks in the provide chains, as properly as the potential penalties of the cyber attack we averted in April, which led to momentary manufacturing stoppages. All of those parameters require flexibility and goal-oriented management. Our ambition remains to achieve a sustainable improve in profitability.”

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