KSB SE & Co (KSB) H2 2024 earnings summary

Executive summary

• Achieved record financial results in 2024, with significant increases in order intake, sales revenue, and EBIT despite challenging global conditions.

• Global diversification and broad customer base offset regional economic downturns, especially in Europe.

• Continued focus on innovation, digitalisation, and sustainability, with major investments in production and IT infrastructure.

Financial highlights

• Order intake: €3,114.0m (+5.2% year-over-year).

• Sales revenue: €2,965.2m (+5.2% year-over-year).

• EBIT: €244.2m (+9.1% year-over-year).

• Earnings after income tax: €146.8m (down from €176.6m in 2023 due to higher tax expenses).

• Free cash flow: €114.9m.

• Equity ratio: 46.6%.

• Dividend per ordinary share: €26.50; per preference share: €26.76.

Outlook and guidance

• Anticipates continued global economic and geopolitical uncertainty in 2025.

• Forecasts further increases in order intake (€3,100–3,400m), sales revenue (€2,950–3,150m), and EBIT (€235–265m) for 2025.

• Strategic focus on growth in Asia Pacific, Americas, and Middle East/Africa, with strong project business expected.