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KSB Industry Economic Growth

The market conditions have deteriorated this year easily interim report to the 30.09.2013 for KSB. In addition to the still weak demand for the European customers, particularly in the project business, also the economic slowdown in major emerging markets impacted on the business with pumps, valves, and services. Currency into group currency euro reflected also negative effects of currency devaluations in key markets such as Brazil, India and South Africa. KSB nevertheless assumes 2013 to reach in order intake at the sales the previous year values close to or slightly exceed. New orders and sales from January until September 2013 the KSB has received Group orders in the amount of 1.676,7 million.

This value was 22.9 million, equal to 1.3 per cent, among the comparison period, 2012 declines recorded the two divisions pumps and fittings. This was a lower order volume in the serious currency influences (- 46.4 million) Water and wastewater management as well as decisive in the mining industry. Grown, however, are contracts for the group service area, where is also the increased presence outside Europe had a positive effect. The Group companies in Europe could keep their job level in the first nine months as a whole. This increased the KSB AG of orders incoming volume by 1.5 per cent to 611,2 million. The companies in the Middle East / Africa region recorded double-digit percentage growth, whereas the companies in America and Asia the previous year still not reached in the first nine months. Group sales is remained the same with 1.676,6 million approximately (+ 1.7 million).

While the growth in the service sector could offset the weaker development of pumps and valves. A stronger revenue growth prevented the development in South America, where demand is cyclical stalled after pumps in Brazil apart from the currency effects (- 44.5 million). The North American affiliates of KSB, however, showed a positive sales development as well as the companies in the Middle East / Africa region and in Europe.