Danfoss has report improved half-year results, with group sales increasing 4% to DKK19.4bn (€2.61bn) compared to 2015.
Operating profit was significantly better – up by by 18% to DKK 2.2bn (€300m).
All of Danfoss Group’s four business segments increased net sales during the first six months. Danfoss Cooling and Danfoss Heating, in particular, are said to have lifted the sales and delivered significantly improved earnings.
A demand for greater energy efficiency and more climate-friendly solutions in Danfoss’ largest markets, including Europe and China, are said to be behind the improved results.
“We are beginning to see the impact from our targeted growth initiatives, investments in innovation and our continued focus on our competitiveness reflecting a positive development in our market share,” commented president and CEO Niels B Christiansen. “In combination, this makes us capable of investing further in our growth initiatives and our digital transformation, in particular,” he added.
Danfoss Half-year Sales Up 4%
Thu Sep 01 09:14:23 CST 2016
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Editor： Davidwen
- 1 The 1st stop of RACC2025 Global Promotion Tour-HVAC/R Philippines2024
- 2 Lai Heping, deputy director of the Management Committee of Lingkong EDZ, together with his delegation, visited Hangzhou Fima Expo
- 3 A must-see for foreign traders: MEGA CLIMA Nigeria 2025 is coming overwhelmingly!
- 4 Hangzhou Fima Expo Co., Ltd held a summary conference for the 4th China International Air Conditioning, Heating, Ventilation, Refrigeration and Cold Chain Expo (RACC 2024) and the 2024 Asia International Heat Pump Expo (AHP 2024)!
- 5 [October 23] Facing Intense Competition, How to Break Through and Expand Overseas? The 4th Summit of the Forum on China HVAC International Trade is Coming Soon!
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- 9 Numerous overseas businesses are eagerly contacting their Chinese partners, planning to meet at the RACC EXPO!
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The 1st stop of RACC2025 Global Promotion Tour-HVAC/R Philippines2024
Return with bountiful gains! The 1st stop of RACC2025 Global Promotion Tour-HVAC/R Philippines2024 successfully concluded
Lai Heping, deputy director of the Management Committee of Lingkong EDZ, together with his delegation, visited Hangzhou Fima Expo
Lai Heping, deputy director of the Management Committee of Lingkong EDZ, together with his delegation, visited Hangzhou Fima Expo
A must-see for foreign traders: MEGA CLIMA Nigeria 2025 is coming overwhelmingly!
A must-see for foreign traders: MEGA CLIMA Nigeria 2025 is coming overwhelmingly!
Hangzhou Fima Expo Co., Ltd held a summary conference for the 4th China International Air Conditioning, Heating, Ventilation, Refrigeration and Cold Chain Expo (RACC 2024) and the 2024 Asia International Heat Pump Expo (AHP 2024)!
All company members will continue to uphold their original aspirations and mission, striving toward higher goals to ensure that the 2025 exhibitions are even more outstanding and influential.
[October 23] Facing Intense Competition, How to Break Through and Expand Overseas? The 4th Summit of the Forum on China HVAC International Trade is Coming Soon!
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