KSB makes sturdy begin to 2022

The German pump manufacturer KSB has obtained 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 3.5% to €558 million.
Europe, KSB’s largest area, posted a 23.5% enhance in order consumption to €390.eight million, but sales revenue slipped 6.0% on a yr in the past to €282.9 million. The largest share growth was reported in the Americas region, the place KSB elevated its order consumption by forty four.7 % to €145.eight million and gross 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.four million. The Middle East/Africa/Russia region noticed a 21.9% improve in order intake to €45.6 million and a 6.1% rise in gross sales revenue to €35.7 million.
“We continued the excellent corporate growth of the earlier yr within the new yr too, despite the tough conditions,” 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 able to offset this, due to the pliability of our employees.” KSB’s first quarter was additionally impacted by the navy battle in Ukraine.
KSB stays confident about the rest of the year, regardless of the troublesome surroundings.
“The challenges are various and complicated,” says Timmermann. “These embody the persistently excessive Covid-19 infection figures and lockdowns in China, the influence of the Russian warfare in opposition to Ukraine and the related sanctions, price will increase and bottlenecks within the provide chains, as nicely as the potential penalties of the cyber attack we averted in April, which led to short-term production stoppages. ไดอะแฟรม ซีล of these parameters require flexibility and goal-oriented management. Our ambition remains to attain a sustainable increase in profitability.”

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