KSB was distinguished by the BEST Score, with a HIGH record “TOP 5% PME DE PORTUGUE”, 2021 edition.
Compliance with Performance Index 8 and Financial Score higher than compliance with Performance Index 20 and Economy 20 as per the Performance Index 20% and Superior Financial Performance as per the Performance Index 20% and Financial Performance, according to the 20% performance standard and solid financial performance, which is only accessible to less than 5% of national companies. Accordingly, the maximum Scoring Notation of “EXCELLENT” (“NS 5”) obtained, in terms of economic and financial sustainability, the distinction “TOP 5% / 2021”.
What does it mean to be part of the Top 5% of the best SMEs in Portugal?
5% correction of the economic and financial classification, which determines the companies that fall into the restricted group of the best 5% in terms of performance and financial strength.
This classification is determined based on the ScorePME method (developed by Scoring), scientifically validated by university professors with a PhD, currently audited by Bureau Veritas and with the classifications deposited at ASSOFT.
Financial ratios are used that assess the 2 main objectives of the companies: optimizing results from sales and available financial resources, and financial security in the short and medium/long term. This ranking is valid for anonymous or quota companies with turnover between €100,000 and €50 million and less than 250 employees, limits that result from the definition of an SME.
As at least 5% of national companies that meet the size requirements and at the same time have a very high economic and financial profile are precisely the Top 5% Best in Portugal.
KSB is a manufacturer of water pumps (known as water pumps, although KSB manufactures centrifuges and capable of handling all types of fluids, including corrosives and solids) with headquarters in Germany and its own subsidiaries in over 100 countries around the world. the world, Bombas e Válvulas, (which it will celebrate this year!) with headquarters in Sintra and In addition, SA in Porto.
KSB was founded in 1871 (by Messrs Klein and Becker, Shazlin and Becker, probably still generate this family), having formed 150 years ago in 2021. and a stability and experience that accumulated with its customers absolutely
Despite not having any factory of its own in Portugal, the KSB Group buys around 4 million Euros a year from Portuguese companies, manufacturers of components for its equipment, such as Duritcast (Águeda) and Arsopi (Vale de Cambra), which employ a total of around 500 employees.
What are the reasons for KSB’s success?
KSB in Portugal has had a very strong growth for many years (averages of 9% per year in the last 17 years and 4% per year in the last 5 years) and sustainable (always with positive results), including the years of the troika and pandemic.
In the opinion of João Leite, general director of KSB, “the reasons for this success are the excellent personnel and rigorously adhered to the ethical values, quality and high technical level of the collaborators, the technical quality of the products, the technical assistance, the high international level, 150 years of experience and a strong commitment to sustainability and innovation”.
Another critical factor for the company’s success is gender parity: with 50% female employees, covering all areas of the company’s activity, including sales, where the majority of employees are mechanical engineers. KSB in Portugal is a rare case of activity related to mechanical engineering, in an attempt to prove that gender diversity will significantly increase the probability of success of companies.
If you would like to obtain more information about KSB, please contact us by calling 210 112 300, e-mail:
[email protected], or visiting our website www.ksb.pt.