KSB makes robust begin to 2022

The German pump producer KSB has received the 2022 monetary year off to a robust start with first quarter order intake increasing by 27.1% to €763 million and sales revenue up 3.5% to €558 million.
weksler ea14 , KSB’s largest region, posted a 23.5% improve so as intake to €390.8 million, but gross sales income slipped 6.0% on a 12 months in the past to €282.9 million. The largest proportion progress was reported in the Americas area, the place KSB elevated its order consumption by forty four.7 percent to €145.8 million and sales income 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 area saw a 21.9% increase so as intake to €45.6 million and a 6.1% rise in sales revenue to €35.7 million.
“We continued the excellent company improvement of the earlier yr in the new year too, regardless of the difficult situations,” says KSB CEO Dr Stephan Timmermann. “Although the coronavirus-related downtimes in Germany and France, as well as in parts of Asia, affected manufacturing, we had been capable of offset this, thanks to the flexibility of our employees.” KSB’s first quarter was also impacted by the navy conflict in Ukraine.
KSB remains assured about the remainder of the yr, despite the tough surroundings.
“The challenges are numerous and sophisticated,” says Timmermann. “These embrace the persistently excessive Covid-19 an infection figures and lockdowns in China, the impression of the Russian war against Ukraine and the associated sanctions, value increases and bottlenecks within the provide chains, as nicely as the potential penalties of the cyber attack we averted in April, which led to momentary manufacturing stoppages. All of those parameters require flexibility and goal-oriented management. Our ambition stays to realize a sustainable improve in profitability.”

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