Pump and valve manufacturer KSB continues its growth trajectory: In fiscal year 2025, the company surpassed the 3-billion-euro mark in both order intake and, for the first time, revenue. In addition, the SDAX-listed group further increased its EBIT (earnings before interest and taxes).
In 2025, order intake rose by 2.9% to €3,203 million. Excluding currency effects, growth would have been 5.6%. The Pumps segment recorded the strongest growth, up 6.1% to €1,760 million, driven by the rapidly growing water market (+12.5%). The Valves segment reached approximately €413 million, up 1.4% from the previous year.
In the KSB SupremeServ division, which encompasses spare parts and services, order intake declined by 1.7% to €1,031 million. In addition to currency effects, this was primarily due to weaker demand for spare parts in the mining and energy sectors.
Decline in revenue in the mining market
In 2025, KSB’s revenue exceeded the €3 billion mark for the first time. Revenue rose by 2.3% to €3,035 million, or 5.0% on a currency-adjusted basis. The Pumps segment posted the strongest growth, up 4.3% to €1,618 million. The Valves segment grew by 1.3% to €404 million. In the KSB SupremeServ segment, revenue remained roughly at the previous year’s level at €1,013 million. In addition to currency effects, declining revenue in the mining market (–5%) had a particularly negative impact, while the other markets showed stable to slightly positive development on a currency-adjusted basis.
Regionally, Europe remained the strongest region in terms of both order intake and revenue. The Middle East/Africa region achieved the highest percentage growth, with a 7.0% increase in order intake and a 7.6% increase in revenue. Outside Europe, however, the regions were predominantly affected by negative currency effects.
KSB increases earnings, particularly in the pump segment
EBIT improved by 3.2% to €252.1 million, corresponding to a margin of 8.3%. The main driver was the Pumps segment, whose EBIT rose significantly from €40.5 million to €71.3 million. In the Valves and KSB SupremeServ segments, however, earnings declined.
In the Valves segment, EBIT was €–3.6 million, down from €–0.8 million in the prior year. In the KSB SupremeServ segment, EBIT fell by €20.0 million to €184.5 million. External costs associated with the migration of the SAP system to S/4HANA, which amounted to €26.6 million (previous year: €15.4 million) and affected all segments, had a particularly negative impact.
“The 2025 fiscal year was once again marked by global political upheavals and increasing trade barriers, which brought with them uncertainties. Added to this were negative currency effects due to the stronger euro, which also impacted our consolidated financial results. With a dedicated and professional KSB team, we succeeded in building on our strengths and keeping the company on a growth trajectory. This is how we made 2025 another record fiscal year,” says Dr. Stephan Timmermann, CEO.
A difficult year is expected in 2026
To ensure sustainable growth and further increase the company’s value, KSB increased its investments to approximately €180 million in 2025. The focus was on Europe, followed by locations in the Americas and Asia.
Timmermann also expects challenging conditions in 2026: “Armed conflicts, trade barriers, and economic weakness will continue to affect us in 2026. The war in the Middle East is leading to a very tense global political situation. While rising energy and logistics costs are already being felt today, the full consequences of this conflict remain unpredictable. We expect KSB’s key figures to be influenced by the accompanying disruptions in the first months of the year. Nevertheless, we are approaching the fiscal year with confidence, but also with cost awareness. We believe in the resilience of our company, the quality of our strategy, and the strength of our workforce.”
