DANFOSS GROUP GLOBAL|DANFOSS.COM ABOUT DANFOSS MEDIA CAREER CONTACT PROCUREMENT MY PRODUCT LIST [0] Danfoss Group Global HOME PRODUCTS & SOLUTIONS NEWS CAREER SUSTAINABILITY LEARNING ABOUT Financial information Danfoss delivers strong first half-year 2017 with high growth The first half-year results showed high top line growth and continued massive investments in digitalization and new technology. Strong financial performance and results in line with expectations. Group sales grew 13% to reach DKK 21.8bn (EUR 2.9bn). Strong growth of 11% in local currency. Operating profit excl. other income and expenses up 10% to DKK 2.5bn (EUR 332m), corresponding to an EBIT margin excl. other income and expenses of 11.3%. Operating profit (EBIT) improved 3% to DKK 2.3bn (EUR 306m), corresponding to an EBIT margin of 10.4%. Net profit up 4% to DKK 1.5bn (EUR 200m). Cash flow from operating activities stood at DKK 980m (EUR 132m). Investments increased 30% to DKK 834m (EUR 112m). Free cash flow of DKK 147m (EUR 20m). Outlook 2017 confirmed: We expect to maintain or expand our market share, while maintaining the profitability measured as margin at the 2016 level, following significant investments in digitalization. Read the H1 2017 announcement Read the Annual Report 2016 Financial announcements Download financial announcements in PDF format. Financial announcements archive Debt investor On 26-11-2014 Danfoss A/S filed a EUR 1bn Medium Term Note Programme on the Irish Stock Exchange. Information about the programme and bonds issued is available for download here. Find out more about Bond programme Shareholder relations Danfoss A/S is an unlisted family and foundation-owned private company and the parent company of the Danfoss Group. Read more about Shareholder relations Corporate governance Responsibility, integrity and openness about the Group's activities form the basis for our corporate governance standards. Read more about Corporate governance Be social Take part Want to socialize with us? Get to know us and take part in the conversation ALL DANFOSS PRODUCTS RESIDENTIAL COMMERCIAL INDUSTRIAL BUSINESS PARTNER TERMS OF USE PRIVACY POLICY GENERAL INFORMATION