Pumps and valves manufacturer KSB AG, Frankenthal, presented excellent results and prospects to its shareholders at the Annual General Meeting in June. Consolidated sales revenue of around 1.77 billion Euro and a 43 % rise in earnings before taxes to 129 million Euro proved the Company’s market success in the past year. A well-filled order book promises further growth for 2008. The KSB Group again recorded a double-digit increase in its order intake in the first five months of 2008 compared with the prior-year period. This 10.9 % growth is primarily due to major orders from the water sector and a buoyant industry business. As a result, Chairman of the Board of Management Dr. Wolfgang Schmitt forecasts that KSB will „come very close” this year to the sales revenue target of 1.9 billion Euro for 2010.