KSB SE & Co (KSB) Q3 2026 earnings summary

Executive summary

• Q1–Q3 2026 order intake rose 9.5% YoY to €2,679.7m and sales revenue increased 1.6% to €2,268.7m; EBIT fell 8.4% to €170.6m.

• Q3 order intake grew 10.8% YoY to €831.0m and sales revenue increased 3.8% to €797.3m, while EBIT declined 7.7% to €72.2m.

Financial highlights

• Q1–Q3 EBITDA was €248.2m, down 4.1% YoY; Q3 EBITDA was €99.0m, down 3.1%.

• Q1–Q3 free cash flow was -€34.2m versus €26.5m a year earlier; Q3 free cash flow was €14.4m versus €29.5m.

• Q1–Q3 EBIT included €16.6m of income from the first-time consolidation of KSB Pumps Arabia Ltd.

Outlook and guidance

• 2026 forecast confirmed: order intake €3,100m–€3,500m, sales revenue €2,900m–€3,200m and EBIT €220m–€265m.

• SAP S/4HANA migration is expected to burden non-operating earnings in 2026; Q1–Q3 external implementation costs were €18.4m.