The Grundfos Group’s pre-tax profit was DKK 1,078m compared to DKK 726m in 2002, a 48% increase and the first time ever passing DKK 1 bn.

Improved efficiency in all parts of the Group resulted in a historically low growth in costs, which also contributed greatly to the result.

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Mads Klougart Jakobsen
Press officer for Denmark and Europe

Mobile phone: (+45) 5234 2899
E-mail: mjakobsen@grundfos.com