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
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- 4 Registration is Opening | 1st Summit Forum on Energy Storage and Thermal Management Industry Development
- 5 Numerous overseas businesses are eagerly contacting their Chinese partners, planning to meet at the RACC EXPO!
- 6 The Technology Exchange Conference and New Product Promotion Conference of Zhejiang Daming Refrigeration Technology Co.,Ltd. is about to make a stunning debut!
- 7 Full of business opportunities! Over 100 buyers from India are gathering at RACC 2024 with their purchasing demands.
- 8 10-day countdown | The RACC 2024 Visitor Guide is freshly released, check it out now →
- 9 Serious Statement!
- 10 AHP Exhibitor Recommendation | Dafu Intelligent Technology Co., Ltd., will be exhibiting its products at the AHP Expo 2024!
[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!
Facing Intense Competition, How to Break Through and Expand Overseas? On the afternoon of October 23, from 13:00 to 16:30, the " 4th Summit of the Forum on China HVAC International Trade ," co-hosted by the China International Chamber of Commerce Zhejiang Chamber, Zhejiang Association of Refrigeration, and Zhejiang Refrigeration and Air Conditioning Industry Association, and organized by Hangzhou ForMice Exhibition Co., Ltd., will be grandly held at the Hangzhou International Expo Center.
The Fujian Refrigeration Society will organize a delegation of chief engineers to attend RACC 2024!
From October 23 to 25, the Fujian Refrigeration Society will organize a delegation of chief engineers specializing in refrigeration and HVAC from Fujian Province Design Institutes to attend the 4th China International Air Conditioning, Heating, Ventilation, Refrigeration and Cold Chain Expo (RACC 2024) for exchange!
[Agenda Preview] The 2024 Asia International Heat Pump Development Summit Forum is coming soon!
As the transition from coal to electricity in the northern regions reaches its final stage, the heat pump industry faces intensified competition due to overcapacity, putting pressure on revenue and profits. How to break through and find a way out?
Registration is Opening | 1st Summit Forum on Energy Storage and Thermal Management Industry Development
The "1st Summit Forum on Energy Storage and Thermal Management Industry Development" will be held on October 24, 2024, at the Hangzhou Grand Convention and Exhibition Center, Zhejiang.
Numerous overseas businesses are eagerly contacting their Chinese partners, planning to meet at the RACC EXPO!
The event will make a stunning debut at the Hangzhou Grand Convention and Exhibition Center on October 23. On the event, Daming will specifically launch its cold storage source unit products!