KSB makes sturdy begin to 2022

เกจ์อาร์กอนsumo has received the 2022 financial yr off to a strong start with first quarter order consumption growing by 27.1% to €763 million and sales income up three.5% to €558 million.
Europe, KSB’s largest region, posted a 23.5% improve so as consumption to €390.eight million, but gross sales revenue slipped 6.0% on a year ago to €282.9 million. The largest share progress was reported in the Americas area, where KSB increased its order intake by 44.7 percent to €145.8 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 region noticed a 21.9% enhance so as consumption to €45.6 million and a 6.1% rise in sales revenue to €35.7 million.
“We continued the wonderful company development of the earlier 12 months in the new yr too, regardless of the difficult situations,” says KSB CEO Dr Stephan Timmermann. “Although the coronavirus-related downtimes in Germany and France, as well as in components of Asia, affected manufacturing, we were in a place to offset this, because of the flexibility of our workers.” KSB’s first quarter was also impacted by the military battle in Ukraine.
KSB remains assured about the relaxation of the 12 months, despite the difficult environment.
“The challenges are numerous and sophisticated,” says Timmermann. “These include the persistently high Covid-19 an infection figures and lockdowns in China, the influence of the Russian war in opposition to Ukraine and the associated sanctions, value will increase and bottlenecks in the provide chains, in addition to the potential penalties of the cyber attack we averted in April, which led to momentary production stoppages. All of these parameters require flexibility and goal-oriented management. Our ambition remains to achieve a sustainable enhance in profitability.”

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