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Tag: report

Hamworthy Pumps sees 60% revenue increase

08-04-2020
Hamworthy Pumps, revenue, financial report

Hamworthy Pumps has increased its turnover by 60% and created 26 new jobs since it was acquired by the Scandinavian investment company firm Solix Group from Finland's Wärtsilä Group in 2018. Sales of firewater pump packages (FWPPs) and scrubber pumps have increased significantly. The 26 new full-time positions are across the …

Need for sustainable water management solutions increasing growth of water and wastewater treatment chemicals

18-03-2020
water treatment, chemicals, wastewater treatment, market report

Lack of water management, one of the most influential problems faced by humans presently, has been directly impacting public health, because of the pervasive wastage of land, surface water, as well as groundwater, which are among the most basic sustainability needs. The increasing water stress level across the globe is causing deterioration of …

Increasing demand for sophisticated municipal water and sewage treatment plants in India

11-03-2020
India, market report, wastewater treatment plant, wastewater treatment, water treatment

India wastewater treatment plants market stood at around $2.4 billion (S$3.3 billion) in 2019 and is projected to reach $4.3 billion (S$6 billion) by 2025, owing to increasing demand for sophisticated municipal water as well as sewage treatment plants across the country. This comes from the report India Wastewater Treatment Plants Market, By …

Record results in Grundfos strengthens foundation for the future

10-03-2020
Grundfos, financial report

In 2019, net turnover in Grundfos increased by 3% to DKK 27.5bn (S$5.8 billion), which is the highest level in Grundfos’ 75-year history. This corresponds to 2.2% organic growth in local currencies compared to 2018. Earnings before interest and tax (EBIT) grew by 16% to DKK 2.8bn (S$592 million), or 10.1% of turnover. Adjusted for items not …

Danfoss: Strong earnings and increased investments in the future

28-02-2020
Danfoss, financial report

Danfoss delivered strong results and continued the high level of investment in the core businesses to remain at the forefront. In 2019, Danfoss increased the sales by 3% to EUR 6.3 billion (S$9.7 billion) and delivered strong operating profits (EBITA), that grew 6% to EUR 771 million (S$1.18 billion) with an EBITA margin of 12.3% - a record high …

Global smart water grid market to reach $31bn in 2020

27-02-2020
smart water, water grid, water network, market report, financial report, IIoT, internet of things, digitalisation, digitisation

Market intelligence firm Frost & Sullivan forecasts the global smart water grid market to hit $22.2 billion (S$31 billion) in 2020 owing to increasing investments in the Industrial Internet of Things (IIoT) solutions by utilities. Driving utilities to invest in IIoT is the need to improve the management of water infrastructure as well as to …