KSB makes sturdy start to 2022

The German pump manufacturer KSB has received the 2022 monetary yr off to a strong start with first quarter order consumption increasing by 27.1% to €763 million and gross sales income up three.5% to €558 million.
Europe, KSB’s largest area, posted a 23.5% increase so as intake to €390.eight million, however sales revenue slipped 6.0% on a yr ago to €282.9 million. The largest share development was reported within the Americas region, where KSB elevated its order consumption by forty four.7 % to €145.8 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 sales revenue grew 6.4% to €134.four million. The Middle East/Africa/Russia region saw a 21.9% increase so as intake to €45.6 million and a 6.1% rise in sales income to €35.7 million.
“We continued the excellent corporate growth of the previous yr within the new year too, regardless of the tough 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 were in a place to offset this, thanks to the flexibility of our employees.” KSB’s first quarter was additionally impacted by the army battle in Ukraine.
KSB remains confident about the remainder of the yr, despite the difficult setting.
Thought-provoking are diverse and complicated,” says Timmermann. “These embody the persistently excessive Covid-19 an infection figures and lockdowns in China, the impression of the Russian struggle against Ukraine and the associated sanctions, price will increase and bottlenecks in the supply chains, as well as the potential consequences 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 stays to realize a sustainable improve in profitability.”

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