KSB makes robust start to 2022

The German pump producer KSB has obtained the 2022 financial 12 months off to a robust begin with first quarter order intake growing by 27.1% to €763 million and gross sales income up three.5% to €558 million.
Europe, KSB’s largest region, posted a 23.5% improve in order intake to €390.8 million, however gross sales revenue slipped 6.0% on a year ago to €282.9 million. The largest percentage progress was reported in the Americas region, where KSB increased its order consumption by forty four.7 percent to €145.eight million and gross sales revenue by 34.3% to €105.2 million. In the Asia/Pacific region, order intake was up 23.9% to €180.4 million and sales income grew 6.4% to €134.four million. The Middle East/Africa/Russia area saw a 21.9% improve in order consumption to €45.6 million and a 6.1% rise in sales revenue to €35.7 million.
“We continued the superb company improvement of the earlier year within the new 12 months too, despite the troublesome circumstances,” says KSB CEO Dr Stephan Timmermann. “Although pressure gauge 10 bar -related downtimes in Germany and France, in addition to in elements of Asia, affected manufacturing, we have been in a position to offset this, due to the flexibleness of our workers.” KSB’s first quarter was additionally impacted by the navy battle in Ukraine.
KSB stays assured about the the rest of the 12 months, regardless of the difficult surroundings.
“The challenges are various and complex,” says Timmermann. “ pressure gauge octa embrace the persistently excessive Covid-19 infection figures and lockdowns in China, the influence of the Russian war in opposition to Ukraine and the associated sanctions, worth will increase and bottlenecks in the provide chains, in addition to the potential consequences of the cyber attack we averted in April, which led to momentary production stoppages. All of those parameters require flexibility and goal-oriented administration. Our ambition remains to achieve a sustainable increase in profitability.”

Share

Scroll to Top