RCS - KSB SE & Co. KGaA - Update of order intake for 2022

KSB SE & Co KgaAAnnouncement

19/10/2022 12:30

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RNS Number : 4261D  KSB SE & Co. KGaA  19 October 2022

 KSB SE & Co. KGaA / Key word(s): Change in Forecast

KSB SE & Co. KGaA: Update of order intake for 2022

19-Oct-2022 / 10:41 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation
 (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

KSB SE & Co. KGaA updates outlook for 2022

 FRANKENTHAL: The order intake of KSB SE & Co. KGaA continued to develop
 positively in the third quarter of the year. It was boosted in 2022 by a
 number of major orders, in particular in the Energy Market Area, and strong
 demand for standard products.

 Based on the order intake in the last nine months and current information on
 the further development for the fourth quarter, the Managing Directors of KSB
 SE & Co. KGaA have updated the order intake forecast for the 2022
 financial year.

 This is now forecasted for KSB Group to be in the following range for the 2022
 financial year:

 All figures in € millions

 Order intake:   2,800 - 3,000  (previously: 2,350 - 2,650)

 As in particular the major orders, that are contributing to the increase of
 the prognosis will only be delivered from 2023 onwards, the financial
 indicators sales revenue and EBIT will continue to range within the scope of
 the presented annual forecast for 2022.

 KSB SE & Co. KGaA will publish the interim report for the period ended
 30 September 2022 on 10 November 2022 as scheduled.

 Contact:

Dr. Matthias Schmitz

Member of the Executive Board

 End of Inside Information

19-Oct-2022 CET/CEST The EQS Distribution Services include Regulatory
 Announcements, Financial/Corporate News and Press Releases.
 Archive at www.eqs-news.com

 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:  1466781

 

 End of Announcement  EQS News Service

1466781  19-Oct-2022 CET/CEST

 

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