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KSB Reports Its Business Performance for Third Quarter of 2022

  • The third quarter has seen the highest sales revenue of 2022, with a figure of € 678.9 million representing an increase of 14.2 % (+ € 84.6 million) on the comparative period.

 WD News: KSB has reported a good business performance in the third quarter of 2022. In the current financial year, KSB has increased its order intake by 22.8 % (+ € 417.8 million) to € 2,249 million. Order intake in the third quarter came to € 761.8 million, up by 30.8 % (+ € 179.5 million) on the comparative prior-year period.

As per company sources, its sales revenue has increased by 6.9 % (+ € 118.4 million) to € 1,824.6 million in the current financial year. The third quarter has seen the highest sales revenue of 2022, with a figure of € 678.9 million representing an increase of 14.2 % (+ € 84.6 million) on the comparative period.

The Americas and Asia/ Pacific regions continued to increase sales revenue by a significant double-digit percentage in the third quarter, while the Middle East/ Africa/ Russia Region made a single-digit contribution to growth. The Europe region remained at the previous year’s level in the third quarter.

“In light of multiple challenges such as the pandemic, the cyber attack, the far-reaching effects of the Russia-Ukraine war and production loss caused by adverse weather conditions, we are very satisfied with the company’s performance,” said CEO Dr Stephan Timmermann.

Source & Images Courtesy: KSB

 

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