เพชเชอร์เกจ delivered document gross sales and earnings in 2021 with full year web turnover of DKK28.7 billion and earnings before curiosity and tax (EBIT) of DKK3185 million.
Poul Due Jensen, Grundfos CEO and group president.
The Danish pump maker saw 2021 gross sales development 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 materials, energy and logistics companies which added pressure on profitability.
Looking forward, Grundfos Group president and CEO Poul Due Jensen said there are a lot of uncertainties surrounding 2022.
“Our document outcomes give us a powerful basis to face what shall be a difficult 2022,” mentioned Due Jensen. “The invasion of Ukraine is initially a tragedy for the Ukrainian folks. The global repercussions are quick and much reaching and have led us to pause all business actions 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 will proceed to do their utmost to overcome these challenges in collaboration with customers and companions.
“Further, we will continue to passionately pursue our sustainability agenda and ship on our objective to resolve the world’s water and local weather challenges and improve the quality of life for people,” said Due Jensen.
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