KSB makes sturdy start to 2022

The German pump manufacturer KSB has got the 2022 financial 12 months off to a strong begin with first quarter order intake increasing 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 so as consumption to €390.eight million, however gross sales income slipped 6.0% on a yr ago to €282.9 million. Pattern was reported in the Americas area, where KSB elevated its order intake 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.four million and gross sales revenue grew 6.4% to €134.four million. The Middle East/Africa/Russia region saw a 21.9% enhance so as consumption to €45.6 million and a 6.1% rise in gross sales income to €35.7 million.
“We continued the wonderful company growth of the earlier 12 months within the new yr too, despite the tough circumstances,” says KSB CEO Dr Stephan Timmermann. “Although the coronavirus-related downtimes in Germany and France, in addition to in components of Asia, affected manufacturing, we were in a place to offset this, because of the pliability of our employees.” KSB’s first quarter was also impacted by the army conflict in Ukraine.
KSB stays confident about the the rest of the yr, regardless of the troublesome environment.
“The challenges are diverse and complicated,” says Timmermann. “These embody the persistently excessive Covid-19 infection figures and lockdowns in China, the influence of the Russian struggle towards Ukraine and the associated sanctions, worth will increase and bottlenecks in the supply chains, as nicely 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 administration. Our ambition stays to realize a sustainable increase in profitability.”

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