Grundfos Annual Report 2001

Turnover

The Group’s net turnover reached DKK 10,214 million against DKK 9,522 million in 2000, corresponding to a growth above 7%. This was the first time, the Group’s annual turnover exceeded DKK 10 billion - an important milestone in company history. Profi t before tax landed at DKK 618 million, down 16% compared to the DKK 739 million of record-breaking 2000. In the light of a difficult and unstable year, Group Management views the growth in turnover and the pre-tax result as satisfactory