Danfoss A/S Sales For Q3 2019 Increases By 4%

  • Nov 05, 2019 GMT
  • Team Kalkine
  • Danfoss A/S (IRSH) has released the financial update for the first nine months of 2019.
  • The company delivered strong results and the sales improved by 4 per cent to EUR 4,755 million in Q3 2019 as compared to 4,569 million in Q3 2018, the corresponding growth in local currency was of 2 per cent.
  • Net profit for the reported period improved by 2 per cent to EUR 383 million as compared to EUR 374 million in Q3 2018.
  • In Q3 2019 EBITA of the company improved by 5 per cent to EUR 602 million as compared to EUR 576 million in Q3 2018.

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