Grundfos posts document results for 2021

เพรสเชอร์เกจ delivered record sales and earnings in 2021 with full year 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 saw 2021 sales progress of 10.4% in local currencies, with full year return on sales reaching 11.1%. 2021’s profit after tax was DKK2590 million, up from DKK1931 million in 2020.
Throughout the second half of 2021, Grundfos faced supply chain constraints and elevated prices on materials, vitality and logistics services which added stress on profitability.
Looking ahead, Grundfos Group president and CEO Poul Due Jensen said there are plenty of uncertainties surrounding 2022.
“Our report results give us a powerful basis to face what might be a difficult 2022,” mentioned Due Jensen. “ pressure gauge 10 bar of Ukraine is initially a tragedy for the Ukrainian people. The international repercussions are immediate and far reaching and have led us to pause all business activities in Russia. On high of this, the inflationary pressures and supply chain constraints are aggravated, making the outlook for 2022 very uncertain.”

Due Jensen mentioned they may proceed to do their utmost to overcome these challenges in collaboration with prospects and companions.
“Further, we’ll proceed to passionately pursue our sustainability agenda and ship on our purpose to resolve the world’s water and climate challenges and improve the standard of life for folks,” mentioned Due Jensen.

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