Grundfos announces encouraging half-year results


Half year results

Grundfos Pumps have just released their half-year results for 2017 that show that the Group have gained global market share with a net turnover increase of 5.8%, as well as seeing EBIT increase to 26.9% in comparison to the same period in 2016.

China and Russia were among the countries showing the strongest growth, but many other markets in Europe, the Middle East and the Latin America have also delivered positive results with the Service business also contributing to the overall performance.

It is particularly encouraging that these results have been achieved in a time of continuing global uncertainty. They also clearly demonstrate that the disciplined approach to the Group’s 2020 Strategy is working in tandem with other digital and product based developments to continue to drive the business forward.