To Our Shareholders
Management Report

Business development and results of operations

Consolidated Financial Statements

2020 in numbers

5-Year Summary

Group financial highlights

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€ million 2020 2019 2018 2017 2016 2015
Order intake 2143.4 2453.8 2303.5 2265.3 2156.6 2261.2
Sales revenue 2207.9 2383.2 2245.9 2205.0 2165.7 2334.8
Orders on hand 1288.5 1409.3 1353.9 1260.8 1200.6 1209.7
Earnings before finance income / expense, income tax, depreciation and amortisation (EBITDA) 170.1 195.5 179.2 186.9 162.6 176.5
Earnings before finance income / expense and income tax (EBIT) 70.2 113.6 74.7 116.4* 90.0* 103.7#*
Earnings before income tax (EBT) 61.6 103.4 65.6 104.2 74.6 93.4
Earnings after income tax 4.4 23.9 52.1 47.8 52.2
Free cash flow (cash flows from operating activities + cash flows from investing activities) 111.6 70.9 -29.1 112.5 20.5 82.1
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Group Magazine — streams

Globe valves from KSB offer absolute safety and reliability.

Valves have been part of KSB’s product range since the company’s early days. The systems used in today’s chemical industry incorporate sophisticated components to ensure reliable operation. In this industry, dependability is the top priority. And KSB offers the right products. NORI 40 globe valves find use in heat transfer applications involving so-called non-aggressive fluids such as water, steam and oil – at temperatures of up to 450 degrees Celsius.

NORI 40 ZXLBV
globe valve
Globe valves from KSB offer absolute safety and reliability.

Valves have been part of KSB’s product range since the company’s early days. The systems used in today’s chemical industry incorporate sophisticated components to ensure reliable operation. In this industry, dependability is the top priority. And KSB offers the right products. NORI 40 globe valves find use in heat transfer applications involving so-called non-aggressive fluids such as water, steam and oil – at temperatures of up to 450 degrees Celsius.

KSB slurry pumps handle the rockiest challenges.

KSB’s first pumps were used to drain mines towards the end of the 19th century. The company now also offers slurry pumps through its US subsidiary GIW. Mine operators have high expectations: Their pump sets must work reliably and offer long service lives. The MDX pump is ideally suited for use under extreme conditions in mining. It transports mineral-rich ore mixed with water and can pump up to 14,000 cubic metres per hour.

MDX slurry pump
KSB slurry pumps handle the rockiest challenges.

KSB’s first pumps were used to drain mines towards the end of the 19th century. The company now also offers slurry pumps through its US subsidiary GIW. Mine operators have high expectations: Their pump sets must work reliably and offer long service lives. The MDX pump is ideally suited for use under extreme conditions in mining. It transports mineral-rich ore mixed with water and can pump up to 14,000 cubic metres per hour.

KSB’s pressure booster systems keep water on tap – all the way to the top floor.

KSB produced its first pressure booster systems for buildings in the 1960s. In high-rise buildings, they keep water flowing from the tap, even at the very top. The KSB Delta Macro pressure booster system rises to the demands of customers in the construction industry: Thanks to its compact design, it requires little space. Water pressure is controlled automatically. The installation comprises several components including pumps, a control cabinet, valves and motors. It can pump up to 960 cubic metres of water an hour.

KSB Delta Macro
pressure booster system
KSB’s pressure booster systems keep water on tap – all the way to the top floor.

KSB produced its first pressure booster systems for buildings in the 1960s. In high-rise buildings, they keep water flowing from the tap, even at the very top. The KSB Delta Macro pressure booster system rises to the demands of customers in the construction industry: Thanks to its compact design, it requires little space. Water pressure is controlled automatically. The installation comprises several components including pumps, a control cabinet, valves and motors. It can pump up to 960 cubic metres of water an hour.

A Company on the Move

In KSB’s Business Innovation Lab, Dr Stephan Timmermann and Dr Stephan Bross answer some questions about the company’s 150-year history and provide useful insights into the present and future.

The Benchmark

The Eta series is KSB’s best-seller. It has written industrial history as the mother of all standardised pumps.

A Helping Hand from the Service Detective

In search of clues: Bernhard Salamon from KSB SupremeServ is on the lookout for potential improvements to his customers’ systems that can make operation even more efficient and cost-effective.

Strengths unfold

Since its founding in 1871, KSB has been constantly developing: The company’s long and successful history has seen the creation of numerous subsidiaries, innovative products and customer-oriented service offerings.

The Next Generation

How has KSB changed over the decades? What makes the company stand out?

A Look Back

Over the 150 years of the company’s history, KSB has always continued to develop.

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