Danfoss
Financials
Estimates*
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 5.8b | 6.1b | 6.3b | 5.8b | 7.5b | 10.3b | 10.7b |
| % growth | 10 % | 6 % | 3 % | (7 %) | 29 % | 36 % | 4 % |
| Profit | 441m | 463m | 502m | 435m | 631m | 683m | 819m |
| % profit margin | 8 % | 8 % | 8 % | 7 % | 8 % | 7 % | 8 % |
| R&D budget | 297m | 317m | 323m | - | - | - | - |
| R&D % of revenue | 5 % | 5 % | 5 % | - | - | - | - |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
* | N/A | Grant | |
| Total Funding | - | ||
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Recent News about Danfoss
EditDanfoss is a global leader in engineering technologies that drive energy efficiency and sustainability across various industries. The company serves a diverse range of clients, including industrial manufacturers, commercial businesses, and residential customers. Operating in markets such as HVAC, refrigeration, and power solutions, Danfoss provides products and services that help reduce energy consumption and environmental impact. The business model focuses on innovation and sustainability, offering advanced solutions that meet the growing demand for energy-efficient technologies. Danfoss generates revenue through the sale of its products, as well as through maintenance and support services. The company is committed to ESG (Environmental, Social, and Governance) principles, integrating these values into its operations and solutions.
Keywords: energy efficiency, sustainability, HVAC, refrigeration, power solutions, industrial technologies, commercial solutions, residential technologies, ESG, innovation.
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