NORDBORG, Denmark--(BUSINESS WIRE)--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. The lower demand is expected to continue for the rest of the year, and actions to adapt to the current market situation are in...
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