Soft 2026 guide hits German pump and valve maker KSB shares

KSB SE & Co KgaA

26/03/2026 09:39

** Shares in KSB KSBG_p.DE fall 11.5% after the German pump and valve maker issued a weaker-than-expected 2026 guidance alongside its full-year results

** The company expects revenue to be between 2.9-3.2 billion euros ($3.35-$3.70 billion) compared with an LSEG estimate of 3.21 billion

** KSB projects 2026 EBIT in a range of 220-265 million euros, below the 277.6 million euros seen by analysts polled by LSEG

** The outlook is slightly below market expectations, Solventis Research analyst Ulf van Lengerich says

** He adds, though, that the "management tends to be rather conservative in its guidance," and sees the stock decline as "exaggerated"

** The stock is on track for worst day since 2008

($1 = 0.8651 euros)

 (Reporting by Amir Orusov)

 ((Amir.orusov@thomsonreuters.com))