Grundfos posts record results for 2021

Grundfos delivered report gross sales and earnings in 2021 with full yr 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.
diaphragm seal noticed 2021 sales growth of 10.4% in local currencies, with full year return on 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 faced supply chain constraints and increased prices on materials, energy and logistics services which added stress on profitability.
Looking forward, Grundfos Group president and CEO Poul Due Jensen said there are a lot of uncertainties surrounding 2022.
“Our report outcomes give us a powerful basis to face what shall be a difficult 2022,” said Due Jensen. “The invasion of Ukraine is first and foremost a tragedy for the Ukrainian people. The global repercussions are quick and much reaching and have led us to pause all business activities in Russia. On high of this, the inflationary pressures and supply 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 clients and companions.
“Further, we will proceed to passionately pursue our sustainability agenda and ship on our objective to resolve the world’s water and local weather challenges and enhance the standard of life for people,” said Due Jensen.

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