The Danfoss Group (Nordborg, Denmark) announced that its net sales for the first quarter of 2004 increased 7 percent to 3.9 billion DKK, compared to the same period last year (3.7 billion DKK) - a 10-percent growth when converted at last year's level of exchange rates and adjusted for acquisitions and divestments, the company said. The Danfoss Group expects net sales of 15.75 billion to 16.25 billion DKK for the year, and an operating profit of 825 million to 925 million DKK. For a copy of the report, visit www.danfoss.com.
Publication date: 06/28/2004
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