KSB makes robust begin to 2022

The German pump producer KSB has received the 2022 monetary yr 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 in order consumption to €390.8 million, however gross sales income slipped 6.0% on a yr in the past to €282.9 million. pressure gauge octa was reported within the Americas area, where KSB elevated its order intake by 44.7 % to €145.8 million and gross sales revenue by 34.3% to €105.2 million. In the Asia/Pacific region, order consumption was up 23.9% to €180.four million and gross sales revenue grew 6.4% to €134.4 million. The Middle East/Africa/Russia area noticed a 21.9% increase so as consumption to €45.6 million and a 6.1% rise in sales revenue to €35.7 million.
“We continued the superb corporate improvement of the earlier 12 months in 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 elements of Asia, affected production, we were able to offset this, thanks to the flexibleness of our employees.” KSB’s first quarter was additionally impacted by the army battle in Ukraine.
pressure gauge octa assured about the rest of the year, despite the troublesome environment.
“The challenges are diverse and complicated,” says Timmermann. “These embody the persistently excessive Covid-19 an infection figures and lockdowns in China, the impact of the Russian warfare against Ukraine and the associated sanctions, value will increase and bottlenecks in the supply chains, in addition to the potential penalties of the cyber assault we averted in April, which led to temporary manufacturing stoppages. All of these parameters require flexibility and goal-oriented administration. Our ambition remains to attain a sustainable increase in profitability.”