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:

Rinnai UK launches applied products division

Rinnai is launching a new division - Rinnai Applied - which will be dedicated to the design, supply and service of larger HVAC units and systems that will meet the specific heating, ventilation, air conditioning and hot water demands of commercial and industrial premises.

Engineering services alliance welcomes government consultation on retentions and late payments

Actuate UK, the engineering services alliance, has welcomed the new government consultation on reforming cash retentions and taking legislative measures against late payments to small businesses, as part of the new Small Business Plan unveiled on 31st July 2025.

Calendar

Submit event

Tweets by MBS_magazine

Grundfos reports turnover growth

Related links:

Related articles: