Grundfos reported a 6.7% growth in 2012, reaching DKK 22.6bn in net turnover, with a pre-tax profit of DKK 1.9bn. Investments in research and development were maintained at DKK 1.4bn, and the company’s equity ratio rose to 65.3%.

Product launches, like the energy-efficient ALPHA2 and MAGNA3 pumps, were well-received. Grundfos saw robust growth in North America, Eastern Europe, and several Asian markets, and plans further expansion with new investments, including factories in Serbia and Hungary.