EnergyWatch

Stable Danfoss sustains growth

The Danish industrial giant can look back upon a 2018 in which it presented growth on all parameters.

Photo: Danfoss/PR

Slow and steady wins the race, as the saying goes, and would quite fittingly describe Danfoss' performance. The Danish industrial group is maintaining its steady growth.

Revenue climbed by EUR 271 million to EUR 6.09 billion, which the company says corresponds to a 7 percent growth accounted in local currencies. Here, Danfoss points to markets in North America, Europe and China as the primary sources of income.

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