Grundfos posts document results for 2021

Grundfos delivered report sales and earnings in 2021 with full 12 months internet turnover of DKK28.7 billion and earnings earlier than interest and tax (EBIT) of DKK3185 million.
Poul Due Jensen, Grundfos CEO and group president.
The Danish pump maker noticed 2021 gross sales development of 10.4% in local currencies, with full 12 months return on gross sales reaching eleven.1%. 2021’s profit after tax was DKK2590 million, up from DKK1931 million in 2020.
Throughout the second half of 2021, Grundfos faced provide chain constraints and elevated costs on supplies, vitality and logistics providers which added stress on profitability.
Looking ahead, Grundfos Group president and CEO Poul Due Jensen stated there are plenty of uncertainties surrounding 2022.
“Our document results give us a strong basis to face what might be a challenging 2022,” mentioned Due Jensen. “The invasion of Ukraine is firstly a tragedy for the Ukrainian individuals. The global repercussions are quick and much reaching and have led us to pause all enterprise activities in Russia. On เกจ์อาร์กอนsumo of this, the inflationary pressures and supply chain constraints are aggravated, making the outlook for 2022 very uncertain.”
Due Jensen stated they will proceed to do their utmost to overcome these challenges in collaboration with prospects and partners.
“Further, we’ll proceed to passionately pursue our sustainability agenda and deliver on our function to resolve the world’s water and climate challenges and improve the standard of life for folks,” stated Due Jensen.
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