Financials
Danfoss announces best half-year results ever
In the first half of 2021, Danfoss sales grew to EUR 3.3 billion – a growth of 18% in local currency. Danfoss saw extensive growth in all regions, despite some parts of the world are still affected by the COVID-19 pandemic. Danfoss continued significant investments in innovation (R&D), amounting to 4.7% of sales.
“I am very proud to present the best half-year results ever. We reported record level topline, profitability and cash flow. At a time when the effects of climate change are increasing, as per the recently published IPCC climate change report, Danfoss is taking the lead in the transformation towards a carbon-neutral future. Our unmatched innovation and R&D capabilities and our ready-to-use energy-efficient, low emission and electrification solutions are enabling the green transition,” says Kim Fausing, President and CEO of Danfoss.
