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Grundfos delivered report gross sales and earnings in 2021 with full year web turnover of DKK28.7 billion and earnings earlier than curiosity 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 local currencies, with full yr return on gross sales reaching 11.1%. 2021’s profit after tax was DKK2590 million, up from DKK1931 million in 2020.
Throughout Cringeworthy of 2021, Grundfos confronted supply chain constraints and elevated costs on materials, vitality and logistics providers which added stress on profitability.
Looking ahead, Grundfos Group president and CEO Poul Due Jensen mentioned there are a lot of uncertainties surrounding 2022.
“Our document results give us a strong basis to face what might be a challenging 2022,” said Due Jensen. “The invasion of Ukraine is initially a tragedy for the Ukrainian individuals. The world repercussions are instant and far reaching and have led us to pause all enterprise actions in Russia. On high of this, the inflationary pressures and provide chain constraints are aggravated, making the outlook for 2022 very uncertain.”
Due Jensen stated they may continue to do their utmost to beat these challenges in collaboration with customers and companions.
“Further, we’ll continue to passionately pursue our sustainability agenda and deliver on our objective to resolve the world’s water and climate challenges and improve the quality of life for folks,” mentioned Due Jensen.
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