December 25, 2014 11:28 PM ET

Machinery

Company Overview of Danfoss A/S

Company Overview

Danfoss A/S researches, develops, produces, sells, and services mechanical and electronic products worldwide. The company operates in two segments, Danfoss Climate & Energy and Danfoss Power Solutions. It offers refrigeration and air conditioning products, such as thermostatic expansion, solenoid, electronically operated, solenoid, water, safety, stop, and regulating valves; pressure and temperature regulators; electronic controls; line components; coils; pressure controls and thermostats; filter driers; sight glasses; contactors and motor starters; electronic controls; liquid level and appliance controls; condensing units; controls accessories and spare parts; compressors; heat exchangers; ...

Nordborgvej 81

Nordborg,  6430

Denmark

Founded in 1933

22,622 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: 48
Chief Financial Officer and Executive Vice President
Age: 45
Chief Operations Officer and Executive Vice President
Age: 50
President of Danfoss Power Electronics
Age: 49
Division President
Age: 49
Compensation as of Fiscal Year 2014.

Danfoss A/S Key Developments

Danfoss A/S Reports Earnings Results for the First Nine Months of 2014; Provides Earnings Guidance for 2014

Danfoss A/S reported earnings results for the first nine months of 2014. For the period, the company’s net sales were DKK 25,704 million against DKK 25,528 million in the year-earlier period, equal to 4% growth in local currency. Operating profit (EBIT before other operating income/expenses) was DKK 3,432 million against DKK 2,938 million in the year-earlier period, corresponding to an improvement of 17%. Cash flow before M&A was DKK 2,090 million against the record level of DKK 2,121 million last year. For 2014, net sales are expected to show modest growth in local currencies in 2014. The operating profit is expected to grow at least in line with net sales.

Danfoss Introduces Higher Maximum Opening Pressure Differential

Danfoss adds higher maximum opening pressure differential (MOPD), UL approved BJ and BX coils to its existing product line. These higher MOPD coils are ideal for use with Danfoss AKVH electronic expansion valves to meet the rigorous demands of high pressure CO2 systems. As part of a continuous effort to improve the North American CO2 product portfolio, Danfoss introduces six higher MOPD, UL approved BJ and BX coils. These new coils have larger pulling force which enables larger AKVH valves to operate in CO2 systems. Similar to the current BJ and BX coils on the market, these higher MOPD BJ and BX coils feature a redesigned frame and robust encapsulation, for extended lifetime and durability, as well as a clip-on fastening system with an audible latch click to minimize installation time and ensure proper installation of the coil. The following specifications are based on the requirements of North American food retail systems. Basic specifications: Design in accordance with UL 429. Tested in harsh operating conditions from 40 - 122 degF. O-ring between coil and valve removed, for easy installation. Clip on function for secure connection. Redesigned frame, robust encapsulation. Covering standard voltage and frequency; two electrical connection versions. dvantages include: Faster installation, without the use of tools, with clip-on function. More accurate installation with audible latch click. More reliable operation with durable frame and robust encapsulation. Widely available making logistics easier for the customer. Complete product portfolio of valve and coil combinations for a range of standard and alternative refrigerant needs.

Danfoss A/S Reports Group Earnings Results for the First Quarter of 2014; Provides Earnings Guidance for the Year 2014

Danfoss A/S reported group earnings results for the first quarter of 2014. For the quarter, the company reported net sales of DKK 8,303 million against DKK 8,063 million in the first quarter of 2013, which corresponds to growth of 3%. When stated in local currencies, growth was 7%. Likewise, the group’s operating profit before other operating income and expenses of DKK 996 million was significantly higher than the DKK 679 million recorded in the relatively weak first quarter of 2013. At the end of the quarter, the free cash flow was DKK 227 million. The slightly lower level is primarily due to increasing net sales, which means that more funds are tied up in the supply chain. For the year 2014, the company reported net sales in 2014 in local currencies are expected to show modest growth. The operating profit in 2014 is expected to grow in line with net sales.

Similar Private Companies By Industry

Company Name Region
Pres-Vac Engineering ApS Europe
Biokube A/S Europe
DVC International ApS Europe
Aquaporin A/S Europe
Turbovent A/S Europe

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 26, 2014
Danfoss Power Electronics A/S
Merger/Acquisition
February 26, 2014
SMA Solar Technology AG
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Danfoss A/S, please visit www.danfoss.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.