Grundfos posts report results for 2021

Grundfos delivered document 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.
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Value 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 faced provide chain constraints and increased costs on supplies, power and logistics companies which added stress on profitability.
Looking ahead, Grundfos Group president and CEO Poul Due Jensen stated there are lots of uncertainties surrounding 2022.
“Our record outcomes give us a powerful basis to face what shall be a challenging 2022,” mentioned Due Jensen. “The invasion of Ukraine is firstly a tragedy for the Ukrainian people. The international repercussions are immediate and far reaching and have led us to pause all business activities in Russia. On prime of this, the inflationary pressures and provide chain constraints are aggravated, making the outlook for 2022 very uncertain.”
Due Jensen stated they may proceed to do their utmost to overcome these challenges in collaboration with prospects and companions.
“Further, we will continue to passionately pursue our sustainability agenda and ship on our purpose to unravel the world’s water and climate challenges and improve the quality of life for individuals,” stated Due Jensen.

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