KSB continues the positive trend of the previous year in the first quarter
of 2024

EQS-News: KSB SE & Co. KGaA / Key word(s): Quarterly / Interim Statement
KSB continues the positive trend of the previous year in the first quarter
of 2024

25.04.2024 / 09:09 CET/CEST
The issuer is solely responsible for the content of this announcement.

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KSB continues the positive trend of the previous year in the first quarter
of 2024

* Strong order intake in the first quarter

* Increase in sales revenue and earnings (EBIT)

* KSB SupremeServ continues to drive this development

FRANKENTHAL: 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.

In the first quarter of the 2024 financial year, KSB increased its order
intake by 0.4 % to EUR 863 million. The strongest increase of 8.0 % to EUR 283
million was achieved by the KSB SupremeServ Segment. The Valves Segment
improved its order intake by 6.0 % to EUR 127 million. This growth contrasted
with a drop in orders in the Pumps Segment of - 5.1 % to EUR 453 million.
Owing to some larger individual orders in the first three months of 2024,
the Energy Market Area recorded an increase in orders of 59.4 % (+ EUR 32
million). The Mining Market Area continued its strong performance, despite a
lower order intake (- 56.2 % / - EUR 27 million) in the current quarter, which
compares with major orders booked in the same prior-year period. In the
Standard Markets, KSB is expecting a positive trend for this financial year
- even though the order intake is lower at EUR 346 million (previous year: EUR
376 million), which is attributable to having received more major orders in
the Water Market Area in the comparative prior-year period.

KSB increased its sales revenue by 3.8 % to EUR 693 million in the first three
months. With growth of 8.5 % to EUR 94 million, the Valves Segment achieved
the strongest increase. In the KSB SupremeServ Segment, the company grew its
sales revenue to EUR 232 million (+ 5.4 %), while the Pumps Segment recorded a
sales increase of 1.6 % to EUR 367 million.

KSB increased its EBIT in the first quarter by 7.1 % to EUR 48.4 million
(previous year: EUR 45.2 million). This corresponds to an EBIT margin of 7.0 %
compared with 6.8 % in the same prior-year period. While KSB SupremeServ
increased its EBIT by 7.7 % (EUR 43.1 million), the Valves Segment improved
its EBIT to an almost break-even level (EUR - 0.1 million) compared with the
previous year. With an EBIT of EUR 5.4 million, the Pumps Segment was not
quite able to match its previous year's figure of EUR 8.3 million.

Dr Stephan Timmermann, Chairman of the Board, explained: "As regards the
economic situation, the overall picture is characterised by global political
unrest, continued weak demand in Europe and the slowing economy in China. As
a result, the tailwind that we were hoping for from an economic recovery
failed to materialise in the first quarter of 2024. We are therefore even
more pleased that we succeeded in further improving the Group's performance
thanks to our broad product range and our global positioning."

KSB has confirmed the forecast published at the beginning of the year for
the 2024 financial year.

KSB is a leading international manufacturer of pumps and valves. The
Frankenthal-based Group has a presence on five continents with its own sales
and marketing organisations, manufacturing facilities and service
operations. With a workforce of around 16,000, the KSB Group generated sales
revenue of approximately EUR 2.8 billion in 2023.


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25.04.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        KSB SE & Co. KGaA
                   Johann-Klein-Strasse 9
                   67227 Frankenthal
                   Germany
   Phone:          +49 6233 86-2020
   Fax:            +49 6233 86-3435
   Internet:       www.ksb.com
   ISIN:           DE0006292030
   WKN:            629203
   Indices:        SDAX
   Listed:         Regulated Market in Dusseldorf, Frankfurt (Prime
                   Standard); Regulated Unofficial Market in Berlin,
                   Hamburg, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1888971

End of News EQS News Service
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1888971 25.04.2024 CET/CEST