The comparison figures are affected by the fact that Sauer-Danfoss is not included in the 2008 figures for the first half-year, whereas Sauer-Danfoss is fully consolidated from July 1, 2008.
- Net sales were 6.5bn DKK, which equals growth of 20%. When adjusted for acquisitions, divestments and foreign currency translations, growth fell by 16%, compared to growth of 2% in the same period the year before.
- The profit before other income and expenses was a deficit of 379m DKK, whereas the operating profit (EBIT) showed a loss of 447m DKK.
- The profit before tax was a deficit of 562m DKK, and the profit after tax was a loss of 398m DKK.
Expectations for 2009:
Danfoss maintains its expectations for both the net sales and profit for 2009, as announced in the 2008 Annual Report.
- In spite of Sauer-Danfoss’ effect on the entire year, net sales are expected to fall slightly compared with 2008.
- In total, following the recognition of Sauer-Danfoss, Danfoss expects to end 2009 with a negative result.
Please address any enquiries to:
Niels B. Christiansen, President and CEO: +45 74 88 75 50
Ole M. Daugbjerg, Chief Reputation Officer: +45 74 88 20 08