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KSB makes sturdy start to 2022

The German pump producer KSB has obtained the 2022 financial year off to a powerful start with first quarter order consumption increasing by 27.1% to €763 million and gross sales income up three.5% to €558 million.
diaphragm seal , KSB’s largest region, posted a 23.5% improve so as consumption to €390.eight million, however gross sales revenue slipped 6.0% on a yr in the past to €282.9 million. The largest percentage growth was reported in the Americas region, where 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 area, order intake was up 23.9% to €180.four million and gross sales income grew 6.4% to €134.four million. The Middle East/Africa/Russia region saw a 21.9% improve in order consumption to €45.6 million and a 6.1% rise in sales income to €35.7 million.
pressure gauge continued the superb company growth of the previous yr 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 properly as in elements of Asia, affected production, we were able to offset this, due to the flexibility of our staff.” KSB’s first quarter was additionally impacted by the military conflict in Ukraine.
KSB stays confident about the the rest of the year, despite the tough environment.
“The challenges are numerous and complex,” says Timmermann. “These embody the persistently high Covid-19 infection figures and lockdowns in China, the influence of the Russian warfare against Ukraine and the associated sanctions, value 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 manufacturing stoppages. All of those parameters require flexibility and goal-oriented administration. Our ambition stays to realize a sustainable increase in profitability.”