3. We are positioned in diverse and growing markets.

Efficient, reliable pumps and valves are required in all regions of the world and in all sectors.KSB is currently represented in over 50 countries with its own subsidiaries. Our distribution network spans more than 100 countries.

Europe is the most important region by far as it accounts for 49 percent of annual sales revenue. We are also very well represented in the fast-growing Region Asia / Pacific where we currently generate 26 percent of our sales revenue. The remaining percent are generated in the Regions America North and America South as well as the Region Middle East / Africa / Russia.

This global and diversified positioning makes us independent of the cycles of a single economic sector or region.

Equally broad and mixed is our portfolio of customers. Our clients come from a wide range of sectors stretching from general industry and energy to water and mining.

In this context, we focus on areas of which we can expect sustainable, profitable growth and withdraw from those that do not meet these requirements. Our goal is to outpace growth in each of our target markets by one percentage point every year.