The German pump manufacturer KSB has got the 2022 financial year off to a powerful start with first quarter order consumption growing by 27.1% to €763 million and gross sales revenue up 3.5% to €558 million.
Europe, KSB’s largest region, posted a 23.5% increase so as consumption to €390.8 million, but sales revenue slipped 6.0% on a year in the past to €282.9 million. The largest share growth was reported in the Americas region, the place KSB increased its order intake by 44.7 percent to €145.8 million and gross sales income by 34.3% to €105.2 million. In the Asia/Pacific region, order intake was up 23.9% to €180.4 million and gross sales income grew 6.4% to €134.4 million. The Middle East/Africa/Russia region noticed a 21.9% increase so as intake to €45.6 million and a 6.1% rise in gross sales income to €35.7 million.
“We continued the superb corporate development of the previous 12 months within the new 12 months too, despite the tough situations,” says KSB CEO Dr Stephan Timmermann. “Although the coronavirus-related downtimes in Germany and France, in addition to in parts of Asia, affected production, we were capable of offset this, because of the flexibility of our employees.” KSB’s first quarter was additionally impacted by the army conflict in Ukraine.
pressure gauge 10 bar stays confident about the relaxation of the yr, despite the difficult environment.
“The challenges are diverse and complex,” says Timmermann. “These embody the persistently excessive Covid-19 an infection figures and lockdowns in China, the impression of the Russian warfare against Ukraine and the associated sanctions, value will increase and bottlenecks within the provide chains, as well as the potential penalties of the cyber assault we averted in April, which led to short-term manufacturing stoppages. All of these parameters require flexibility and goal-oriented administration. Our ambition stays to attain a sustainable improve in profitability.”