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Business

Grundfos: stirring the growth

admin
September 4th, 2014


This article is more than 10 years old.

Pump company Grudfos counts its first half-year gains and losses

Earlier this week the pump company Grundfos released its results for the first half of 2014, indicating a strong position. The company reported profits of 301 million Danish kroner before taxes. Grundfos reports on steady growth in the US and Chinese markets with increases of 12 and 18 percent respectively.

Obstacles
The situation in other parts of the world is not so stable though. This is reflected on Grundfos's profits especially in Europe. The conflict between Ukraine and Russia has affected income, particularly due to fluctuating exchange rates. “We are definitely not satisfied with this, so we need to secure a cost reduction while at the same time having increased focus on the customers throughout the organisation,” underlines Mads Nipper, company’s Group President.

According to the annual report in 2013, the company’s largest markets were China, Russia and Germany, with sales in the United States “not satisfactory”. The first half of 2014 shows a changed picture, with the European markets lagging behind.


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A survey carried out by Megafon for TV2 has found that 71 percent of parents have handed over children to daycare in spite of them being sick.

Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”