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KSB AG

euro adhoc: KSB AG
Interim Announcement

  Intermediate report of the management transmitted by euro adhoc. The issuer
  is responsible for the content of this announcement.
11.05.2007
Interim report on the first quarter of 2007
KSB Group remains on course for growth
The positive trend in demand for pumps, valves and related systems 
has continued in the current year. In the first three months of 2007 
the most im-portant stimulus for the KSB business came from industry 
and the energy, mining and waste water sectors.
KSB Group                  01-03/2007       01-03/2006     Change
Order intake    EUR million    556.5           467.5          + 19.0 %
Sales revenue   EUR million    412.0           362.1          + 13.8 %
Employees (31 March)        13,579          12,843          +  5.7 %
Order intake and sales revenue development
Order intake in the Group grew by 19.0 percent during the first 
quarter of 2007 compared with the same period last year. KSB Group 
companies again posted double-digit growth in all four Regions - 
Europe, Middle East / Africa, Asia / Pacific and the Americas. With a
45 percent growth, the order growth achieved by KSB companies in Asia
is especially outstanding. In terms of volume, however, the strongest
increase was reported by KSB companies in Europe; the parent company 
KSB AG improved its order intake over the same quarter last year by 
17.0 percent.
Over the same period, the Group increased its sales revenue by 13.8 
per-cent, the greatest volume growth again being reported in the 
European com-panies. KSB AG increased its sales revenue by 14.2 
percent.
A point that has to be taken into account is the first-time 
consolidation of four small KSB companies in the Group on 1 January 
2007, namely in Belgium, Brazil, Dubai and Thailand. Without these 
first-time consolidations, the in-crease in the order intake would 
have been 17.2 percent and sales revenue growth 11.7 percent.  Change
in number of employees
The integration of these four KSB companies in the Group has also had
an impact on the number of employees in the Group. On 31 March, this 
number had increased by 736 to 13,579 compared with the same time in 
the previous year. Of these employees, 359 belonged to the newly 
consolidated compa-nies. In addition, KSB companies in Brazil, the 
USA and South Africa have increased their staff levels to cope with 
the rising volume of orders. This applies equally to KSB AG, which 
appointed all its apprentices and trainees to permanent positions and
has recruited further new people in the current year.
New KSB company in South Africa
To develop the business in South Africa, KSB increased its financial 
com-mitment in the country in February of this year and acquired its 
former joint venture partner´s fifty percent share in KSB Pumps 
(S.A.) (Pty.) Ltd., Ger-miston. KSB has now transferred the operative
business of KSB Pumps (S.A.) (Pty.) Ltd. to a newly established 
subsidiary of that company, Ger-miston-based KSB Pumps and Valves 
(Pty) Ltd. KSB holds 74.9 percent of the subsidiary´s share capital. 
The remaining 25.1 percent have been acquired by a South-African 
financial investor.
Earnings and financial position
Earnings showed a further positive trend. Both in the Group and in 
KSB AG, the results in the first quarter clearly exceeded the 
previous year´s level. The financial position has also further 
improved compared with the year-end figure for 2006.
Frankenthal, 11 May 2007
end of announcement                               euro adhoc 11.05.2007 10:40:42

Further inquiry note:

Branche: Machine Manufacturing
ISIN: DE0006292006
WKN: 629200
Index: CDAX
Börsen: Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Frankfurter Wertpapierbörse / official dealing/general
standard
Börse Düsseldorf / official dealing

Plus de actualités: KSB AG
Plus de actualités: KSB AG