KSB makes strong start to 2022

The German pump manufacturer KSB has received the 2022 financial year off to a strong start with first quarter order consumption rising by 27.1% to €763 million and sales revenue up three.5% to €558 million.
Europe, KSB’s largest region, posted a 23.5% enhance so as consumption to €390.eight million, but sales revenue slipped 6.0% on a year ago to €282.9 million. The largest proportion development was reported within the Americas area, where KSB increased its order consumption by 44.7 % to €145.8 million and sales income by 34.3% to €105.2 million. In the Asia/Pacific area, order intake was up 23.9% to €180.4 million and sales income grew 6.4% to €134.four million. The Middle East/Africa/Russia region noticed a 21.9% enhance in order intake to €45.6 million and a 6.1% rise in sales revenue to €35.7 million.
“We continued the excellent corporate growth of the earlier year within the new yr too, regardless of the troublesome circumstances,” says KSB CEO Dr Stephan Timmermann. “Although the coronavirus-related downtimes in Germany and France, as well as in components of Asia, affected manufacturing, we were capable of offset this, thanks to the pliability of our employees.” KSB’s first quarter was additionally impacted by the military conflict in Ukraine.
KSB stays assured about the rest of the 12 months, despite the tough setting.
“The challenges are various and complex,” says Timmermann. “ pressure gauge ด้าน ดูด embrace the persistently high Covid-19 an infection figures and lockdowns in China, the impression of the Russian war in opposition to Ukraine and the associated sanctions, worth will increase and bottlenecks within the provide chains, as well as the potential consequences of the cyber assault we averted in April, which led to momentary manufacturing stoppages. All of these parameters require flexibility and goal-oriented administration. Our ambition stays to achieve a sustainable enhance in profitability.”
Share

Leave a Comment