KSB makes strong begin to 2022

digital pressure gauge has got the 2022 financial yr off to a powerful start with first quarter order consumption growing by 27.1% to €763 million and sales revenue up 3.5% to €558 million.
Europe, KSB’s largest region, posted a 23.5% enhance so as consumption to €390.8 million, but gross sales revenue slipped 6.0% on a year in the past to €282.9 million. The largest percentage growth was reported within the Americas area, where KSB increased its order intake by 44.7 % to €145.8 million and gross sales income by 34.3% to €105.2 million. In the Asia/Pacific area, order intake was up 23.9% to €180.four 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 gross sales income to €35.7 million.
“We continued the superb company development of the previous 12 months in the new 12 months too, despite the difficult situations,” says KSB CEO Dr Stephan Timmermann. “Although the coronavirus-related downtimes in Germany and France, in addition to in components of Asia, affected production, we had been capable of offset this, due to the flexibility of our employees.” KSB’s first quarter was also impacted by the army conflict in Ukraine.
KSB remains confident about the rest of the yr, despite the tough surroundings.
“The challenges are various and complicated,” says Timmermann. “These embrace the persistently excessive Covid-19 an infection figures and lockdowns in China, the impact of the Russian war against Ukraine and the related sanctions, value increases and bottlenecks in the provide chains, in addition to the potential consequences of the cyber assault we averted in April, which led to temporary production stoppages. All of these parameters require flexibility and goal-oriented management. Our ambition stays to achieve a sustainable increase in profitability.”

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