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.

Highlights from the report

4.2% Annual turnover growth

DKK 1,087m EBIT

49.3% Equity ratio

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John Mone
Press Officer USA

Mobile phone:  (+1) 34680 71579
E-mail: jmone@grundfos.com
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