Financials

Tomorrow’s engineering requires massive investments. With solid and sustainable financial results, Danfoss is a responsible and reliable partner.

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Kim Fausing, Executive President & CEO, Danfoss

Danfoss continues momentum

Q1 2019: Danfoss has continued to drive growth and a high level of investments to fuel future growth. Measured against a strong first quarter in 2018, Group sales grew by 6% to EUR 1,563m. On the back of continued high investment levels, earnings (EBIT) amounted to EUR 160m, which is on par with last year’s strong first quarter, leading to an EBIT margin of 10.3%.

”We have had a good start to the year. Our energy-efficient and innovative solutions have never been more relevant; We continue to strengthen our core businesses and increase our investments in innovation. Furthermore, we continue our high investments in creating a strong platform within electrification and digitalization. This is our way of getting ahead and fuel future growth,” says Kim Fausing, President and CEO.

Financial announcements

Interim announcements