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
Lansir Environmental Technology(Shanghai) Co., Ltd will exhibit at RACC EXPO
Lansir Environmental Technology(Shanghai) Co., Ltd is established in 2013.is a high-tech enterprise focusing on air filtration and purification,specializing in R&D and production,selling air purification equipment and air filters in household, commercial and industrial fields,providing one-stop air purification system solutions. With the spirit of "the hardships of beginning an undertaking"
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