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FRANKENTHAL - Pump and valve manufacturer KSB SE & Co. KGaA reported increased order intake, sales revenue, and adjusted earnings for the third quarter of 2025, continuing the positive trend from the first half of the year despite challenging economic conditions.
The company increased its order intake by 2.7% to €2,448 million for the first nine months of 2025, with €750 million coming in the third quarter. When adjusted for currency effects of €51 million, order intake growth would have reached 4.8%.
Sales revenue rose 2.8% to €2,233 million for the first three quarters, with €768 million generated in the third quarter. Without currency effects of €45 million, sales revenue would have grown by 4.9%.
The Pumps Segment showed the strongest performance with a 7.2% increase in order intake to €1,350 million, driven primarily by the expanding Water business. The Valves Segment saw modest growth of 1.0% to €323 million, while the KSB SupremeServ Segment experienced a 3.7% decline to €775 million due to lower demand for spare parts.
Earnings before finance income/expense and income tax (EBIT) reached €186.3 million for the nine-month period, slightly below the €188.8 million reported in the same period last year. However, when adjusted for €20.7 million in costs related to the company's SAP S/4HANA migration, adjusted EBIT increased to €207.0 million, representing a margin improvement to 9.3% from 9.0% in the prior year.
"The worldwide reluctance to invest, the associated economic slowdown and the weaker US dollar added up to a challenge for KSB in the third quarter too. Nonetheless, we increased our order intake, sales revenue and earnings, and continued with the company's positive development," said CEO Dr. Stephan Timmermann in the press release.
KSB confirmed its forecast for 2025, with Timmermann expressing confidence that the company will achieve its targets for order intake, sales revenue, and earnings, potentially leading to "another record year."
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