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COPENHAGEN http://www.officialhornetsprostore.com/kids-malik-monk-hornets-jersey/ , Aug. 23 (Xinhua) -- Danish industrial giant Danfosssaid Wednesday its sales for the first half of the year had risen13 percent compared with the same period last year.


Net sales for the first six months of 2017 rose to 21.8 billionDanish kroner (3.46 billion U.S. dollars), or up 11 percent asmeasured in local currencies, Danfoss said in a statement.


Meanwhile, earnings before interest and taxes (EBIT) increasedby three percent to 2.3 billion kroner from the first half of2016.


"We have had a strong first half-year, with all of Danfoss' corebusinesses delivering good sales growth," said Danfoss presidentand chief executive officer (CEO) Kim Fausing.


"Over the past few years http://www.officialhornetsprostore.com/kids-larry-johnson-hornets-jersey/ , we have made targeted efforts toaccelerate growth by investing in innovation and high potentialgrowth markets, and the results are paying off," Fausing added.


All business segments contributed to the high sales growth, andespecially Danfoss Power Solutions and the mobile hydraulicsbusiness performed strongly, according to the statement.


Danfoss had a positive development in several markets,particularly countries like Brazil http://www.officialhornetsprostore.com/kids-kemba-walker-hornets-jersey/ , Russia, India, and China, whichshowed significant growth, driven by an increasing demand forclimate-friendly and energy-efficient technologies.


"Our growth and earnings power paves the way for investingheavily in growth, digitalization http://www.officialhornetsprostore.com/kids-jeremy-lamb-hornets-jersey/ , and new technologies. This way,we can continue to strengthen Danfoss and our market position,"Fausing said. (1 U.S. dollar = 6.30 Danish kroner) Enditem

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