Business
KSB: Subdued quarter amid challenging environment
KSB: Subdued quarter amid challenging environment
About this update from Ksb Se & Co. Kgaa
KSB SE & Co. KGaA/ Key word(s): Quarterly / Interim StatementKSB: Subdued quarter amid challenging environment05.05.2026 / 08:44 CET/CESTThe issuer is solely responsible for the content of this announcement.KSB: Subdued quarter amid challenging environmentStrong order intake following major energy orderSales revenue at prior-year levelEBIT below previous yearFRANKENTHAL: Pump and valve manufacturer KSB significantly increased order intake in the first quarter of 2026 following a major order in the Energy Market. Geopolitical turbulences in the first quarter impacted both sales revenue and earnings before finance income / expense and tax (EBIT).In the first quarter of the 2026 financial year, KSB reported order intake of € 1,012 million, up by 15.2 % year on year. The Pumps Segment achieved the strongest increase of 31 % to € 633 million. While order intake in the Valves Segment grew by 0.2 % to € 112 million, the KSB SupremeServ Segment reported a decline of 5.6 % to € 268 million. In the Pumps Segment, order intake in the Energy Market increased by 359 % to € 257 million, driven in particular by a major order for a power plant in Eastern Europe. By contrast, order intake in the Standard Markets saw a year-on-year decline of € 45 million (11 %) to € 354 million. The Mining Market reported a 22 % decline in order intake to € 22 million in the first quarter of 2026.KSB slightly increased sales revenue by 0.4 % to € 712 million in the first three months. The Pumps Segment achieved the strongest increase, with growth of 16.4 % to € 390 million. In the Valves Segment, sales revenue declined by 5.9 % to € 97 million. KSB SupremeServ reported a moderate 3.2 % year-on-year decline in sales revenue to € 225 million, which was exclusively attributable to negative currency effects of € 8 million. In the Pumps Segment, Standard Markets reported above-average growth of 7.9 % to € 321 million, while sales revenue in the Energy Market declined slightly year on year to € 48 million. The Mining Market, on the other hand, reported a € 6 million decline in sales revenue to € 21 million.In the first quarter of 2026, KSB achieved EBIT of € 39.8 million (previous year: € 45.5 million) and an EBIT margin of 5.6 %. As in the previous year, EBIT was impacted by external costs for the migration to SAP S/4HANA, which amounted to € 6.4 million compared with € 7.5 million in the firs...