Annual General Meeting: Record Year for KSB – Subdued Start to 2026

“Given the challenging economic conditions, this continued growth is very pleasing,” Dr Bernd Flohr, Chairman of KSB’s Supervisory Board, told around 240 shareholders in attendance. According to Flohr, challenges include the stagnating German economy, mounting trade and geopolitical disruptions in the export sector as well as economic downturns in major markets such as China and the USA.

2025 financial year
In the 2025 financial year, KSB increased order intake by 2.9 % to € 3,203 million. Sales revenue grew by 2.3 % to € 3,035 million. The company reported 3.2 % growth in earnings before finance income / expense and income tax (EBIT) to € 252.1 million. This was impacted by external costs of € 26.6 million for the migration of the current SAP system to SAP S/4HANA and equates to an EBIT margin of 8.3 %. The growth was fuelled primarily by robust new business momentum in the Pumps Segment.

Investments
In the 2025 financial year, to further consolidate the growth of recent years and create additional value for shareholders, KSB increased investments to € 180 million. These were largely focused on the Region Europe, followed by sites in the Americas and Asia.

KSB shares
Net profit for the 2025 financial year increased to € 166 million. Against the backdrop of this positive earnings trend, the Managing Directors and the Supervisory Board proposed to the Annual General Meeting an unchanged dividend of € 26.50 per ordinary share and of € 26.76 per preference share. This was approved by the KSB shareholders. “The company’s stable development was also reflected in the rising share price,” said CEO Dr Stephan Timmermann. “Last November, the ordinary share surpassed the crucial € 1,000 mark for the first time, with preference shares following suit in January.”

Election of Supervisory Board members
The Annual General Meeting re-elected two shareholder representatives to the Supervisory Board for an additional five-year term each. Prof. Dr.-Ing. Corinna Salander has been a member of the Board since 2018, while Gabriele Sommer has been a member since 2016. Following this election, the Supervisory Board of KSB SE & Co. KGaA continues to comprise four women and eight men.

2026 financial year
The first quarter of 2026 was impacted by the geopolitical situation in the Middle East. While order intake increased significantly following a major order in the Energy Market, sales revenue grew only slightly. Earnings before finance income / expense and income tax were below the previous year’s level.

“The global situation was already tense, but the geopolitical conflict in the Middle East has brought new uncertainties and disruptions since February,” commented Timmermann. “An internationally operating Group like KSB cannot fully insulate itself against the wide-ranging impacts of the conflict. Nevertheless, we continue to look to the future with focus and confidence.”