Grundfos posts document results for 2021

Grundfos delivered document gross sales and earnings in 2021 with full 12 months 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 saw 2021 gross sales growth of 10.4% in native currencies, with full yr 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 elevated costs on supplies, vitality and logistics services which added stress on profitability.
Looking ahead, Grundfos Group president and CEO Poul Due Jensen stated there are a lot of uncertainties surrounding 2022.
digital pressure gauge give us a strong foundation to face what might be a difficult 2022,” stated Due Jensen. “The invasion of Ukraine is firstly a tragedy for the Ukrainian individuals. The international repercussions are instant and far reaching and have led us to pause all enterprise activities in Russia. On top of this, the inflationary pressures and supply chain constraints are aggravated, making the outlook for 2022 very unsure.”

Due Jensen said they will continue to do their utmost to overcome these challenges in collaboration with clients and partners.
“Further, we will continue to passionately pursue our sustainability agenda and ship on our purpose to solve the world’s water and local weather challenges and improve the quality of life for people,” stated Due Jensen.

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