July 25, 2017 7:32 AM ET

Machinery

Company Overview of Danfoss A/S

Company Overview

Danfoss A/S provides engineering solutions worldwide. The company operates through four segments: Danfoss Power Solutions, Danfoss Cooling, Danfoss Drives, and Danfoss Heating. The Danfoss Power Solutions segment offers engineered hydraulic and electronic components for system solutions, including mobile electronics and software, orbital motors, steering components, and proportional valves. This segment serves agriculture, construction, road building, material handling, turf care, and specialty markets. The Danfoss Cooling segment offers components, such as compressors, high-pressure pumps, valves, controllers, sensors, heat exchangers, and condensing units for air-conditioning systems, as w...

Nordborgvej 81

Nordborg,  6430

Denmark

Founded in 1933

25,528 Employees

Phone:

45 74 88 22 22

Fax:

45 74 49 09 49

Key Executives for Danfoss A/S

Chief Executive Officer and President
Age: 51
Chief Financial Officer and Executive Vice President
Age: 48
Chief Operations Officer and Executive Vice President
Age: 53
Segment President of Danfoss Heating
Age: 54
President of Danfoss Global Services
Age: 52
Compensation as of Fiscal Year 2017.

Danfoss A/S Key Developments

Danfoss A/S Reports Earnings Results for the First Quarter of 2017; Confirms Earnings Guidance for the Full-Year 2017

Danfoss A/S reported earnings results for the first quarter of 2017. In the first quarter of 2017, the group's net sales increased 13% to DKK 10,682 million against DKK 9,423 million, corresponding to 11% growth in local currency. EBIT improved 7% to DKK 1,036 million against DKK 971 million, resulting in an EBIT margin of 9.7%. Net profit improved 12% to DKK 691 million against DKK 616 million for the same period a year ago. The free cash flow before M&A was DKK 151 million against DKK 195 million for the same period a year ago. Free cash flow was DKK 143 million against DKK 195 million for the same period a year ago. The company confirmed the full-year 2017 expectations. Accordingly, the group expects to maintain or expand its market share, while maintaining profitability measured as margin at 2016 level, following significant investments in digitalization.

Danfoss A/S, Annual General Meeting, Apr 28, 2017

Danfoss A/S, Annual General Meeting, Apr 28, 2017.

Danfoss Group Reports Audited Consolidated and Parent Company Earnings Results for the Year Ended December 31, 2016

Danfoss Group reported audited consolidated and parent company earnings results for the year ended December 31, 2016. In 2016, the consolidated delivered net sales at DKK 39,247 million against DKK 38,031 million last year. The improvement corresponds to 3% growth. The group's earnings (EBIT) was DKK 4,262 million against DKK 4,097 million, equal to an improvement of 4%. Net profit improvement was 13%. The group delivered a strong free cash flow before M&A at DKK 3,416 million against DKK 3,397 million last year. Profit before tax was DKK 3,741 million compared with DKK 3,938 million for the same period a year ago. Net profit attributable to shareholders in Danfoss A/S was DKK 2,381 million compared with DKK 2,672 million for the same period a year ago. Cash flow from operating activities of was DKK 4,667 million compared with DKK 5,161 million for the same period a year ago. Acquisition of intangible assets was DKK 204 million compared with DKK 237 million for the same period a year ago. Acquisition of property, plant and equipments was DKK 1,096 million compared with DKK 1,525 million for the same period a year ago. For the year, on parent company basis, the company reported net sales of DKK 7,799 million compared with DKK 8,355 million for the same period a year ago. Operating profit was DKK 393 million compared with DKK 506 million for the same period a year ago. Profit before tax was DKK 8,354 million compared with DKK 2,887 million for the same period a year ago. Net profit was DKK 8,340 million compared with DKK 2,723 million for the same period a year ago. Cash flow from operating activities was DKK 8,988 million compared with DKK 3,050 million for the same period a year ago. Acquisition of intangible assets was DKK 191 million compared with DKK 207 million for the same period a year ago. Acquisition of property, plant and equipments was DKK 20 million compared with DKK 448 million for the same period a year ago.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 1, 2017
Prosa S.r.l.
 

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