In the first half of 2017, Danfoss' revenue performance was impressive. It is not difficult to see from Danfoss' first half report that the company has performed well and will continue to make large-scale investments in digitalization and new technologies.

Danfoss recently released its performance report, stating that the group's net sales increased by 2.4 billion Danish kroner (approximately 300 million euros) in the first half of the year, reaching 21.8 billion Danish kroner (approximately 2.9 billion euros), achieving a 13% growth (approximately 11% in local currency). After excluding other income and expenses, the operating profit increased by 10% to reach 2.5 billion Danish kroner (332 million euros). At the same time, the net profit reached 1.5 billion Danish kroner (200 million euros). As expected, due to the rapidly growing sales and expanding investment scale, the liquidity of funds has decreased.

Danfoss' performance in the first half of this year was impressive, with all of our core business units achieving outstanding sales growth. In recent years, Danfoss has achieved fruitful results through investments in innovative areas and high potential markets. The rapid increase in revenue has helped us go further in promoting growth, investing heavily in digitization, and developing new technologies. Danfoss is growing stronger and its market position is becoming more stable

Danfoss has achieved outstanding performance in all core business and market areas. With the increasing demand for environmental protection and energy-saving emission reduction technologies in BRICS countries, especially China, Danfoss products have shown particularly strong growth momentum in these markets.