31-Dec-2019
A year of record-breaking profitability and cash flow: net turnover in Grundfos increased by 3% to DKK 27.5bn, the highest level in the company’s 75-year history.
2019 generated earnings before interest and tax (EBIT) of DKK 2,791m, an improvement of DKK 391m over the previous year. Further to the financial results, Grundfos reduced its own water consumption by 10.4% and CO₂ emissions by 12.2% compared to 2018. Also, Grundfos realised its highest ever employee motivation and satisfaction score and repeated record-high customer loyalty and satisfaction results.
Highlights from the report
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Mads Klougart Jakobsen
Press officer for Denmark and Europe
Mobile phone: (+45) 5234 2899
E-mail: mjakobsen@grundfos.com