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KSB KSB SE & Co KgaA News Story

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Brief: KSB AG FY 2016 volume of orders received at EUR 2,155.8 mln

Jan 30 (Reuters) - KSB AG  KSBG.DE : 
    * FY consolidated sales revenue fell by 160.3 million euros, 
i.e. 6.9 percent 
    * Is expecting continued subdued development of order intake 
and sales revenue for 2017, although there are prospects of 
major orders in project business 
    * Despite high one-off costs again from efficiency 
improvement programme, consolidated earnings (EBT) are expected 
to rise in 2017 
    * FY: at 2,155.8 million euros ($2.31 billion), volume of 
orders received was 105.4 million euros or 4.7 percent down on 
previous year 
 
Source text - http://bit.ly/2jMR7Zt 
Further company coverage:  KSBG.DE  
 
($1 = 0.9350 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 722 0920;))

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