Grundfos delivered document sales and earnings in 2021 with full year net 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 sales growth of 10.4% in native currencies, with full 12 months return on 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 confronted provide chain constraints and increased prices on materials, power and logistics companies which added stress on profitability.
Looking forward, Grundfos Group president and CEO Poul Due Jensen stated there are plenty of uncertainties surrounding 2022.
“Our report outcomes give us a powerful foundation to face what shall be a challenging 2022,” mentioned Due Jensen. “ ไดอะแฟรม ซีล of Ukraine is initially a tragedy for the Ukrainian people. The world repercussions are instant and much reaching and have led us to pause all enterprise activities in Russia. On pressure gauge octa of this, the inflationary pressures and provide chain constraints are aggravated, making the outlook for 2022 very unsure.”

Due Jensen said they’ll proceed to do their utmost to beat these challenges in collaboration with prospects and companions.
“Further, we are going to proceed to passionately pursue our sustainability agenda and deliver on our function to resolve the world’s water and local weather challenges and enhance the quality of life for folks,” said Due Jensen.