Danfoss Climate Solutions sales €3.1bn in 2024
2nd March 2025
DENMARK: Danfoss Climate Solutions, the Danish manufacturer’s heating and cooling business, saw stable sales in 2024 at €3.1bn.
A strengthened position in high-growth markets like data centres and commercial heat pumps, helped the Climate Solutions business achieve an operational EBITA of €523m, down just slightly on 2023.
This achievement was despite Danfoss group sales being down 9.2% overall on 2023 at €9,674m, with an operational EBITA margin of 11.3%.
Climate Solutions also achieved the highest EBITA margin of the company’s three business segments at 16.9%.
“I am especially excited to see the continuous strong performance in our Climate Solutions and our Drives businesses. We strengthened our position in selected high-growth markets like data centres, commercial heat pumps, and selected electrification applications such as marine. Moreover, we maintained a high level of investments in innovation to expand our offerings of competitive, innovative, and best-in-class technology and solutions,” commented president and CEO Kim Fausing.
