Grundfos posts report outcomes for 2021

Grundfos delivered record 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.
Fail-proof saw 2021 gross sales progress of 10.4% in native currencies, with full year 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 confronted provide chain constraints and elevated costs on materials, power and logistics companies which added stress on profitability.
Looking ahead, Grundfos Group president and CEO Poul Due Jensen said there are lots of uncertainties surrounding 2022.
“Our report results give us a strong basis to face what will be a challenging 2022,” stated Due Jensen. “The invasion of Ukraine is first and foremost a tragedy for the Ukrainian individuals. The world repercussions are immediate and far reaching and have led us to pause all enterprise actions 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’ll 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 unravel the world’s water and local weather challenges and enhance the quality of life for people,” mentioned Due Jensen.
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