Danfoss: Annual Report 2018 - Strong growth and increased investments in the future
2019-03-01
In 2018, Danfoss delivered strong growth. Group sales grew by EUR 271m to EUR 6,098m – a 7% growth in local currency. The growth was strong in the major markets of North America, Europe and China and led to robust financial results with earnings (EBIT) of EUR 648m, resulting in an EBIT margin of 10.6%.
