RCS - KSB SE & Co. KGaA - Preliminary 9-month figures

KSB SE & Co KgaAAnnouncement

08/11/2021 13:20

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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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