เพรสเชอร์เกจ has obtained the 2022 financial year off to a powerful start with first quarter order consumption growing by 27.1% to €763 million and sales revenue up three.5% to €558 million.
Europe, KSB’s largest area, posted a 23.5% enhance so as intake to €390.eight million, but sales revenue slipped 6.0% on a yr in the past to €282.9 million. The largest proportion progress was reported within the Americas area, where KSB increased its order consumption by 44.7 percent to €145.eight million and gross sales income by 34.3% to €105.2 million. In the Asia/Pacific area, 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 region saw a 21.9% improve in order consumption to €45.6 million and a 6.1% rise in gross sales income to €35.7 million.
“We continued the excellent company improvement of the earlier year within the new 12 months too, despite the difficult circumstances,” 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 able to offset this, due to the flexibility of our workers.” KSB’s first quarter was additionally impacted by the army battle in Ukraine.
KSB stays assured about the rest of the yr, regardless of the difficult surroundings.
“The challenges are various and complex,” says Timmermann. “These embody the persistently excessive Covid-19 an infection figures and lockdowns in China, the impact of the Russian warfare towards Ukraine and the related sanctions, value will increase and bottlenecks within the supply chains, in addition to the potential consequences of the cyber attack we averted in April, which led to temporary production stoppages. All of these parameters require flexibility and goal-oriented administration. Our ambition remains to attain a sustainable increase in profitability.”