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Grundfos 'well positioned for future'

01 April 2010

Grundfos Pumps is about to publish its annual accounts which show although 2009 was a very difficult trading year right across the globe, the overall company result was satisfactory

The actual turnover achieved was £1.7bn against a figure of £1.9bn in 2008 with a profit of 5.1%, which in the current economic climate is a very acceptable outcome.

The established building services markets in Germany, France and the UK produced the best results, the Asian region, led by China, also produced good results. However the newer markets and countries with markets reliant on machinery manufacturing such as Japan suffered more in the downturn.

The Grundfos Group, by taking early prudent steps, significantly reduced their negative net balance by the end of 2009, which puts them in to a very strong position to capitalise on all opportunities as world markets continue to recover.

In terms of the future, the strategy of innovation will continue to be central, and the Grundfos R&D effort in 2010 will focus on continuing to develop products and services that contribute to making the world a more sustainable place.


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