KSB Group takes advantage of economic upturn

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.

In the face of an expected market downturn for ballast water management systems, DESMI has not only sustained its robust growth direction can also announce a record-breaking revenue for 2023, nearing 2 billion DKK.

Xylem Inc. reported first-quarter results. The Company’s total revenue of $2.0 billion surpassed prior guidance, on strong execution and demand. First-quarter earnings also exceeded Xylem’s previous guidance.

The Frankenthal-based pump and valve manufacturer KSB is continuing the positive development of the 2023 financial year in the first quarter of 2024. The key performance indicators order intake, sales revenue, earnings before finance income / expense and income tax (EBIT) and EBIT margin are all up on the comparative prior-year quarter.

Endress+Hauser has written the next chapter in its success story. The specialist for measurement and automation technology marked its 70th birthday in 2023, with celebrations worldwide. It also prepared the way for a change at the helm.

The Wilo Group continued to grow profitably and sustainably in 2023. Despite a challenging market environment, the multinational technology group achieved record net sales of around EUR 2 billion in the 2023 financial year. This corresponds to a currency-adjusted increase of 10.4 per cent compared to the previous year.