KSB Achieves Record Financial Milestones in 2024

In 2024, KSB SE & Co. KGaA, a renowned manufacturer of pumps and valves, reported unprecedented financial results. The company's order intake surpassed the €3 billion mark for the first time, increasing by 5.2% to €3,114 million. Sales revenue also rose by 5.2% to €2,965 million, with the highest growth derived from the Valves Segment, up 10.3% to €399 million.

Earnings before finance income, expense, and income tax (EBIT) grew by 9.1% to reach €244.2 million despite incurring €15.4 million in external transformation costs for new software. The EBIT margin improved slightly to 8.2%. Notably, the KSB SupremeServ Segment experienced a 14.2% EBIT increase, reaching €204.5 million.

Chairman Dr. Stephan Timmermann highlighted the challenges posed by global uncertainties, yet commended the company for navigating these difficulties to achieve a record-breaking year. KSB plans to distribute dividends, offering €26.50 per ordinary share. Looking forward, despite ongoing geopolitical and economic turbulence, KSB remains optimistic about further enhancing key performance indicators in 2025.