International. Danfoss recently revealed its annual report for 2011 in which it highlighted a 7.5% growth in net profit, going from US $ 5,900 million to US $ 5,600 million.
The company expects that by 2012 the financial turmoil that characterized 2011 will continue to occur, and that large markets such as Europe and the United States will remain in line with the debt crisis.
In the same way , they predict that there will be a strong demand in air conditioning and energy solutions, which will allow them to maintain high sales, despite the financial instability and also expects to maintain the level of profitability obtained recently through the strategic adjustments that they have implemented since 2010 and that will continue to receive a lot of attention in 2012.
"2011 was another good year for Danfoss. With a good first half that laid the foundations of solid results for the second year in a row. However, the global financial turmoil resulted in declining growth rates during the second half and we expect this development to persist into 2012," said Niels B. Christiansen, President and CEO of the company.
