Grundfos posts document results for 2021

pressure gauge 10 bar delivered report sales and earnings in 2021 with full yr net turnover of DKK28.7 billion and earnings before interest and tax (EBIT) of DKK3185 million.
Poul Due Jensen, Grundfos CEO and group president.
The Danish pump maker noticed 2021 gross sales growth of 10.4% in native currencies, with full year return on gross sales reaching 11.1%. 2021’s revenue after tax was DKK2590 million, up from DKK1931 million in 2020.
Throughout the second half of 2021, Grundfos faced supply chain constraints and increased costs on supplies, vitality and logistics companies which added stress on profitability.
Looking ahead, Grundfos Group president and CEO Poul Due Jensen said there are lots of uncertainties surrounding 2022.
“Our document results give us a powerful basis to face what shall be a challenging 2022,” stated Due Jensen. “The invasion of Ukraine is firstly a tragedy for the Ukrainian folks. digital pressure gauge are quick and far reaching and have led us to pause all business actions in Russia. On prime of this, the inflationary pressures and provide chain constraints are aggravated, making the outlook for 2022 very unsure.”

Due Jensen mentioned they’ll proceed to do their utmost to beat these challenges in collaboration with clients and partners.
“Further, we will proceed to passionately pursue our sustainability agenda and ship on our objective to solve the world’s water and climate challenges and enhance the quality of life for people,” mentioned Due Jensen.
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