Grundfos posts document outcomes for 2021

Top secret delivered document sales and earnings in 2021 with full year internet 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 local currencies, with full yr return on gross sales reaching eleven.1%. 2021’s revenue after tax was DKK2590 million, up from DKK1931 million in 2020.
Throughout the second half of 2021, Grundfos faced provide chain constraints and increased prices on materials, energy and logistics services which added strain on profitability.
Looking ahead, Grundfos Group president and CEO Poul Due Jensen stated there are lots of uncertainties surrounding 2022.
“Our record results give us a robust basis to face what will be a difficult 2022,” said Due Jensen. “The invasion of Ukraine is first and foremost a tragedy for the Ukrainian people. The international repercussions are instant and much reaching and have led us to pause all business activities in Russia. On top of this, the inflationary pressures and provide chain constraints are aggravated, making the outlook for 2022 very uncertain.”
Due Jensen stated they’ll continue to do their utmost to beat these challenges in collaboration with customers and companions.
“Further, we’ll continue to passionately pursue our sustainability agenda and ship on our objective to unravel the world’s water and local weather challenges and improve the standard of life for folks,” stated Due Jensen.
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