KSB Sells French Service Company to Dalkia Group

Delivering potable water to the residents, commerce and industrial infrastructure of Montréal is a massive task for the City’s Water Department. The Department operates six water treatment plants, the largest of which are Atwater and Charles-J.-Des Baillets.

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.

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.

The decision has been made: The production of Eta pumps at KSB’s headquarters will be expanded to become the centre of excellence for the latest generation of electronically controlled pumps in Europe. KSB will be spending around 60 million euros on this over the next five years – one of the largest single investments the company has ever made. KSB will have to do without the funding applied for from the federal government.

Frankenthal-based pump and valve manufacturer KSB closed the 2023 financial year with record figures for order intake and sales revenue. The EBIT margin (earnings before finance income / expense and income tax) of 7.9 % reached the level originally targeted for 2025.

The growing scale of water transport systems in the past few years has resulted in a steady increase in the volume flow rates demanded of the pumps installed, which in turn has required ever larger pump sizes. Responding to this development, KSB Group has expanded its RDLO type series from 21 sizes to 33.