KSB very satisfied with the 2019 financial year
(WorldNews Europe)

Pump and valve manufacturer KSB is very satisfied with the past 2019 financial year and continues on its growth path. Order intake rose by EUR 150.2 million to EUR 2,453.8 million and sales revenue by EUR 137.2 million to EUR 2,383.2 million. Furthermore, KSB significantly increased its operating earnings (EBIT) year on year to EUR 113.6 million. Adjusted for lease liabilities, which were recognised under IFRS 16 for the first time, the net financial position improved by EUR 38.4 million to EUR 293.4 million. `We are very satisfied with the past...