Grundfos reports turnover growth

03 May, 2017

Grundfos Group has reported results for 2016 that saw net turnover increase and an improvement in earnings before interest and tax. Group president and CEO Mads Nipper (pictured) explained, It is estimated that the global pump market that we can serve remained flat in 2016. Our modest full-year sales growth means that we have bolstered our position as the globally leading pump-solutions provider.’

Full-year growth has been achieved in several significant markets, including the UK. However, Russia and the Greater Middle East continued to suffer from low activity levels, low oil prices and financial uncertainty.

For more information on this story, click here: May 2017, 203

Related links:

Heat network confidence outpaces progress in social housing

Baxi surveyed 100 housing associations and 102 local authorities and councils responsible for managing or operating heat networks this summer, alongside in-depth interviews with five housing associations, a heat network consultant and heat network contractor.

Signify showcases F1 lighting partnership at Brackley campus

MBS Features Editor Russell Drury was among a group of journalists from across Europe invited to visit the Mercedes-AMG PETRONAS Formula One Team’s headquarters in Brackley, where Signify showcased its partnership with the team and the shared focus on innovation and sustainability.

Calendar

Submit event

Tweets by MBS_magazine

Grundfos reports turnover growth

Related links:

Related articles: