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DESMI Generates a Great Year-End Result in 2021

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Published Mar 29, 2022 3:19 PM by The Maritime Executive

[By: DESMI]

The general assembly approved today, March 25th, our year-end result for 2021, showing a revenue of 1,275  billion DKK and a profit before tax of 122,8 million DKK, which is considered satisfactory under the given  market conditions. 

“2021 was yet another year to remember – headlines for DESMI in 2021 were influenced by Covid-19, travel  restrictions, transport delays, price increases on raw material, and many key components also affected by  prolonged delivery times. These challenges have, however, been a part of the market conditions, not only for  DESMI but for most international operating production companies, but in DESMI, the situation and the  challenges were well managed, and DESMI has in many ways improved its position throughout the year”, says  Henrik Sørensen, Group CEO, and continues:  

Even if the numbers are not totally up to the result of 2020, Henrik Sørensen appreciates all the efforts done in  the very dedicated and engaged DESMI organization, and he continues: 

“We have a clear strategy and see our investments and efforts are bearing fruit. Our organization are coping  well with the challenging supply chain situation, and our order book was historically high entering 2022 and is  still growing. Our focus on sustainable solutions is really taking its steps into the market. Key values like “energy  efficiency” and “sustainability” are high on the agenda, and our focus on energy savings means savings on cost,  fuel, giving CO2 reductions, etc., which are all extremely important to most customers and, hence, DESMI. All  being important elements in the growth and development of our business”. 

Further, Henrik Sørensen is very happy to state. “We have a very solid platform for further growth within Flow  Technology, and we are in more ways foreseeing a substantial growth in 2022. Customers are once again  welcoming face-to-face meetings and interactions, which are important when optimization of solutions has to  be discussed. Our service organization is again able on a higher scale to install, commission, and service our  solutions without weeks of corona quarantine, and requests for pump solutions are increasing daily. It is  encouraging also to state that ballast water management systems, scrubbers, and aquaculture activities, now  are seen as an integrated part of our core business”. 

2021 was also the year when DESMI Italy was established, thus, DESMI has offices in 19 countries and more  country flags in the DESMI worldwide map are planned. “We find being present locally and closer to our  customers enables us to guide, support, and ensure that the right solution is chosen”, Henrik Sørensen  concludes. 
 

The products and services herein described in this press release are not endorsed by The Maritime Executive.