Chennai: Grundfos reported continued momentum and sales growth in most markets with Western Europe, China, and the global Service Business as the main contributors.
CEO of Grundfos, Mads Nipper says, “We are very satisfied with our financial performance for the first half of 2019. Revenue has grown in our core markets, and combined with disciplined control of costs, we deliver the highest ever sales and EBIT in a 1st half of the year.”
The Grundfos purpose of pioneering solutions to the worlds water and climate challenges is at the core of all activities, and progress has continued during first half of 2019, said a press release. During the first six months of 2019, they reduced their own energy consumption by 11 per cent and water usage with 10 per cent in our operations compared to the same period last year.