KSB AG : Warburg Research reiterates its Buy rating

KSB SE & Co KgaA is a Germany-based provider of pumps, valves and related systems for various applications, such as building services, process engineering, waste water treatment, water transport, energy conversion and solids transport, as well as to transport of shut off fluids. The Company operates through three segments: Pumps, Valves and Service. The Pumps segment includes single- and multistage pumps, submersible pumps and associated control and drive systems. The Valves segment covers butterfly, globe, gate, control, diaphragm and ball valves, as well as associated actuators and control systems. The Service segment covers the installation, commissioning, start-up, inspection, servicing, maintenance and repair of pumps, related systems and valves for all applications, as well as modular service concepts and system analyses for complete systems.