Posts Tagged ‘EBIT’

Grundfos delivers continued increase in profitability

Monday, March 13th, 2017 von admin

The net turnover reached 24.7bn DKK whereas earnings before interest and tax (EBIT) hit 2.2bn DKK. A strong second half of the year led to full-year growth of 0.5% in local currencies and net of divestments. EBIT increased approx. 200m DKK over last year, and – when adjusting for non-performance related items in 2015 and 2016 – performance EBIT increased 25% compared to 2015.

“Going into 2016, one of our top priorities was to continue the financial turnaround. With 25% increase in underlying EBIT, we are satisfied with the results we have achieved”, says Group President and CEO Mads Nipper and continues: “It is estimated that the global pump market served by Grundfos stayed flat in 2016. Our modest full-year sales growth therefore means that we have bolstered our position as the globally leading pump solutions provider. After a challenging 1st half of 2016, we are particularly happy that sales regained momentum in the 2nd half of 2016.”


Grundfos: Strong result in 2015

Monday, March 14th, 2016 von admin
Mads Nipper

Mads Nipper

Even though the global pump market is essentially stagnant, the Grundfos Group has seen moderate sales growth of 0.8 per cent measured in local currencies, and has significantly increased its earnings. Earnings before interest and taxes (EBIT) are DKK 2.0 billion, compared to DKK 861 million the year before, and the Group’s profit after tax (PAT) will reach DKK 1.45 billion, compared to 503 million in 2014.

The Group’s revenue has risen to DKK 24.8 billion, representing sales growth of 5 per cent in Danish kroner compared to 2014. Sales growth in Danish kroner was positively impacted by exchange rate increases in a number of key currencies.

GEA reaches communicated guidance in a difficult environment

Wednesday, February 6th, 2013 von admin
  • Order intake increases by 5.2% to EUR 5,901 million, revenue up 5.6% to EUR 5,720 million
  • Operating EBIT rises to EUR 562 million, resulting in an operating EBIT margin of 9.8%
  • Net debt reduced by EUR 62 million to EUR 326 million
  • Dividend proposal: EUR 0.55