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KSB SE & Co. KGaA Earnings Release 2021
252_er_2021-11-08_0e1ca5c2-7b2e-424b-bebd-dabdc5c284af.html
Earnings Release
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National Storage Mechanism | Additional information 
RNS Number : 6776R
KSB SE & Co. KGaA
08 November 2021
KSB SE & Co. KGaA publishes preliminary 9-month figures and updates outlook for 2021
FRANKENTHAL: Following a successful start to the 2021 financial year,
KSB SE & Co. KGaA's business developed positively in the third quarter. The preliminary figures show that the order intake in the first three quarters of 2021 was up 13 % year-on-year at around € 1,831 million. Sales revenue for the first three quarters increased to € 1,706 million, exceeding the comparative prior-year period by 6 %.
Higher sales revenue and the effects of the earnings enhancement programme bolstered earnings before finance income / expense and income tax (EBIT).
Based on the preliminary figures for the past three quarters and current information on the course of business in the fourth quarter, the Managing Directors of
KSB SE & Co. KGaA today updated the forecast for the 2021 financial year.
The financial key figures for the KSB Group are now expected to be in the following ranges for the 2021 financial year:
All figures in € millions
Order intake: 2,350 - 2,450 (previously: 2,150 - 2,450)
Sales revenue: 2,275 - 2,350 (previously: 2,150 - 2,400)
EBIT before special factors: 135 - 145 (previously: 80 - 120)
The forecast corridor already takes account of potential risks such as rising material prices and disrupted supply chains, which can occur particularly during the delivery of major orders, but also affect standard business.
KSB SE & Co. KGaA will publish the interim report as at 30 September 2021 on 9 November 2021 as planned.
Contact:
Dr. Matthias Schmitz
Member of the Executive Board
End of ad hoc announcement
08-Nov-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| 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 |
| Listed: | Regulated Market in Dusseldorf, Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1246946 |
| End of Announcement | DGAP News Service |
1246946 08-Nov-2021 CET/CEST
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