Danfoss | H1 2024: Staying the course despite market headwinds

After three years of significant growth, organically and through M&A, the first half of 2024 has proven to be challenging due to lower demand in selected key markets. Group sales amounted to EUR 5 billion, and Danfoss delivered a half-year EBITA of EUR 533 million corresponding to an EBITA margin of 10.6% against 12.4% last year.