Danfoss: Annual report 2019: Strong earnings and increased investments in the future
2020-02-28
In 2019, Danfoss increased the sales by 3% to EUR 6.3 billion and delivered strong operating profits (EBITA), that grew 6% to EUR 771 million with an EBITA margin of 12.3% - a record high operating profit level from a historical perspective. Cash flow from operating activities increased 17% to a very strong EUR 789 million.