KSB makes strong start to 2022

The German pump manufacturer KSB has received the 2022 financial yr off to a powerful start with first quarter order intake growing by 27.1% to €763 million and gross sales income up 3.5% to €558 million.
Europe, KSB’s largest region, posted a 23.5% increase so as consumption to €390.eight million, however gross sales revenue slipped 6.0% on a 12 months in the past to €282.9 million. The largest share progress was reported in the Americas region, where KSB elevated its order consumption by 44.7 percent to €145.eight million and sales income by 34.3% to €105.2 million. In the Asia/Pacific area, order consumption was up 23.9% to €180.4 million and gross sales income grew 6.4% to €134.four million. The Middle East/Africa/Russia region saw a 21.9% improve so as consumption to €45.6 million and a 6.1% rise in gross sales income to €35.7 million.
“We continued the wonderful company growth of the earlier 12 months within the new yr too, despite the difficult situations,” says KSB CEO Dr Stephan Timmermann. “Although Top secret -related downtimes in Germany and France, in addition to in parts of Asia, affected production, we have been capable of offset this, due to the flexibility of our staff.” KSB’s first quarter was additionally impacted by the army conflict in Ukraine.
KSB remains confident about the rest of the 12 months, despite the troublesome environment.
“The challenges are various and sophisticated,” says Timmermann. “These embody the persistently high Covid-19 an infection figures and lockdowns in China, the impact of the Russian warfare in opposition to Ukraine and the related sanctions, price increases and bottlenecks within the supply chains, as well as the potential penalties of the cyber attack we averted in April, which led to short-term production stoppages. All of these parameters require flexibility and goal-oriented administration. Our ambition remains to realize a sustainable increase in profitability.”
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