Grundfos delivered report sales and earnings in 2021 with full 12 months 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 development of 10.4% in native currencies, with full yr return on 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, vitality and logistics providers which added strain on profitability.
Looking ahead, Grundfos Group president and CEO Poul Due Jensen mentioned there are plenty of uncertainties surrounding 2022.
“Our document results give us a strong basis to face what might be a challenging 2022,” stated Due Jensen. “The invasion of Ukraine is initially a tragedy for the Ukrainian folks. The international repercussions are immediate and far reaching and have led us to pause all enterprise actions in Russia. On prime of this, the inflationary pressures and supply chain constraints are aggravated, making the outlook for 2022 very unsure.”
Due Jensen mentioned they will continue to do their utmost to beat these challenges in collaboration with clients and companions.
“Further, Mere ‘ll proceed to passionately pursue our sustainability agenda and ship on our purpose to solve the world’s water and climate challenges and enhance the standard of life for individuals,” said Due Jensen.
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