EnergyWatch

Danfoss books highest growth in six years

With a 12 percent growth in revenue and 13 percent on the bottom line, Danfoss can celebrate an excellent 2017.

Photo: Danfoss

Danfoss managed to maintain its development of sales to the benefit of the bottom line.

The Danish manufacturing giant saw revenue rise to DKK 43.3 billion (EUR 5.8 billion) in 2017 from DKK 39.2 billion the year before, corresponding to growth of 10 percent, but Danfoss writes that it represents a growth of 12 percent in local currency.

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