Press Release
KSB Group
8 May 2024 / Page 1/4
Annual General Meeting of KSB SE & Co. KGaA
Record Figures at KSB's Annual General Meeting
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Significant increase in order intake, sales revenue and earnings
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¬ 26.00 dividend per ordinary share
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Positive start to the 2024 financial year
FRANKENTHAL: In 2023, the Frankenthal-based pump and valve manufacturer KSB achieved its highest ever order intake and sales revenue. At 7.9 %, the EBIT margin exceeded its expectations for the financial year. At the Annual General Meeting on 8 May, Dr Bernd Flohr,
Chairman of the Supervisory Board, expressed his satisfaction in view of the persistently difficult economic conditions.
2023 financial year
KSB considerably increased both its order intake (by 3.4 % to ¬ 2,960 million) and its sales revenue (by 9.5 % to ¬ 2,819 million) in the past financial year. The company significantly improved its earnings before finance income / expense and income tax to ¬ 223.9 million. The main drivers for the increase in the EBIT margin (7.9 %) were the growth in sales revenue and the high-margin KSB SupremeServ Segment. However, the tailwind that KSB had hoped for from a possible easing of global political tensions and inflation-related uncertainties did not materialise.
Published by
KSB SE & Co. KGaA
Corporate Communications
67227 Frankenthal
Contact
Sonja Ayasse
Tel. + 49 6233 86-3118, Mobile +49 151 22953838
sonja.ayasse@ksb.com
Press Release
KSB Group
8 May 2024 / Page 2/4
