Grundfos records solid financial performance in the first half of 2023

Grundfos recently announced that it recorded sales growth of 13.9 per cent and earnings before interest and taxes (EBIT) totalled DKK 2,537 million. “We are very pleased with the financial results for the first six months of this year. six months of this year. We entered 2023 with a very strong order book and, with the efforts of my colleagues around the world and improved supply chains, we were able to deliver strong growth chains, we were able to deliver strong growth,” says Poul Due Jensen, Group President and CEO of Grundfos.

The positive result of the first six months is a valuable foundation for more challenging times ahead, explains the CEO. “We see signs of a general slowdown in the market, and our customers are reducing their stock levels, resulting in lower order intake. Despite this, we are determined to deliver a satisfactory result for the full year.” Poul Due Jensen continues: “There is a greater need than ever for our energy-efficient products and solutions around the world and, for the sake of our planet, we will continue to look for ways to help our customers save energy and water.”

Find out more at: https://www.grundfos.com/media/latest-news/half-year-result-2023-grundfos-delivers-solid-financial-perform