KSB makes robust begin to 2022

The German pump producer KSB has received the 2022 financial yr off to a powerful begin with first quarter order intake rising by 27.1% to €763 million and gross sales revenue up three.5% to €558 million.
Europe, KSB’s largest area, posted a 23.5% increase in order consumption to €390.8 million, but sales income slipped 6.0% on a yr ago to €282.9 million. The largest percentage progress was reported in the Americas region, the place KSB elevated its order intake by forty four.7 percent to €145.eight million and sales revenue by 34.3% to €105.2 million. In the Asia/Pacific area, order intake was up 23.9% to €180.four million and sales revenue grew 6.4% to €134.4 million. The Middle East/Africa/Russia region noticed a 21.9% improve so as intake to €45.6 million and a 6.1% rise in sales income to €35.7 million.
Studies show continued the superb company growth of the previous year within the new year too, despite the difficult circumstances,” says KSB CEO Dr Stephan Timmermann. “Although the coronavirus-related downtimes in Germany and France, in addition to in elements of Asia, affected production, we were in a place to offset this, due to the flexibility of our workers.” KSB’s first quarter was additionally impacted by the navy conflict in Ukraine.
KSB stays confident about the remainder of the year, regardless of the difficult setting.
“The challenges are diverse and complex,” says Timmermann. “These embrace the persistently excessive Covid-19 an infection figures and lockdowns in China, the impact of the Russian struggle against Ukraine and the related sanctions, value 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 temporary manufacturing stoppages. All of those parameters require flexibility and goal-oriented administration. Our ambition stays to attain a sustainable improve in profitability.”

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