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The profit is under pressure in spite of positive growth in net sales

2007 Highlights:
  • Net sales increasedby 14% to 22.2bn DKK from 19.4bn DKK last year. Calculated at last year’s exchange rate and adjusted for acquisitions and divestments, growth amounted
    to 12%, compared with 14% in 2006.
  • Operating profit excl. other income and expenses rose by 16% from 1,411m DKK to 1,634m DKK.
  • The EBIT margin excluding other income etc. was 7.4% compared with 7.3% in 2006.
  • Operating profit (EBIT) was 1,616m DKK compared with 1,601m DKK the previous year.
  • Profit before tax was 1,378m DKK compared with 1,402m DKK in 2006.
  • Profit for the year was 1,063m DKK compared with 1,038m DKK in 2006.
  • Equity increased by 7.8% to 9,744m DKK.
  • The EBIT margin was 7.3% compared with 8.2% in 2006.
  • RONA fell to 14.1% from 16.8% in 2006.
  • The number of employees increased to 22,323 from 20,612 at the end of 2006.
  • It has been proposed that the dividend rate be increased to 25%, compared to 20% last year, with the dividends being paid immediately after the Annual General Meeting, which will be held on April 25, 2008.
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With our Vision and Core Values as foundation, Danfoss lives up to the expectations being a responsible world citizen.
This is deeply rooted in our history and culture and it shall be reflected in the way we carry out our daily business.

Danfoss' relationship with all stakeholders shall be characterised by trust. We are, of course, aware that trust must be earned through our actions and corporate reputation.