Introduction to Danfoss

Transcription

1 Introduction to Danfoss

2 Danfoss engineers technologies that enable the world of tomorrow to do more with less. We meet the growing need for infrastructure, food supply, energy efficiency and climate-friendly solutions 2 Group presentation, February 2018

3 Trend World population is moving into cities, creating a huge demand for infrastructure Danfoss We help build the infrastructure in a sustainable and efficient way 3 Group presentation, February 2018

4 Infrastructure 10-15% fuel savings with new power control software for construction and road building machines 35-50% energy savings with oil-free variable speed compressors for heating, ventilation and air-conditioning systems 50% fuel savings with district heating cogeneration 20-50% energy savings with aqua variable speed drives in water applications Reduce leakage Improve water quality Cut investment needs 4 Group presentation, February 2018

5 Trend World population is growing and there is a constant need for more and better food Danfoss We help meet this need by improving farming productivity and keeping food cold and fresh 5 Group presentation, February 2018

6 Food 10-25% 6% more efficient farm machines with hydraulic motors Increase output Reduce diesel consumption energy savings with variable speed drives in refrigeration systems Largest installed base in the dairy, meat and poultry industry 30% fuel savings with electronic throttling valves for refrigeration systems in trucks Control the temperature 20% energy savings using condensing units with intelligent compressors and technology 20% energy savings with refrigeration control system Improve food quality Reduce waste Save time and costs Reduce risk temperature 6 Group presentation, February 2018

7 Trend Global energy demand is rising as population grows and standards of living increase Danfoss We help get more out of less with our energy-efficient technologies 7 Group presentation, February 2018

8 Energy 50% energy savings when using variable speed drives to reduce pump speed by 20% in food and beverage industry 10-15% 15-35% energy savings from control valves in heating and cooling systems energy savings with automatic thermostats 40% energy savings from variable speed drives controlling fans and pumps 20-30% energy savings with systems and components for district heating transfer and the use of hot water in buildings 10-30% energy savings for cooling in data centers with variable speed compressors Enable safe electronics 8 Group presentation, February 2018

9 Trend Global emissions are rising, however, development can be turned around and air pollution limited Danfoss We help lower emissions and increase human well being through our innovative technologies 9 Group presentation, February 2018

10 Climate 50-75% energy savings with air and ground source heat pumps 60% reduction in CO2 equivalent emissions in refrigeration systems by replacing synthetic refrigerants with natural CO % reuse of heat with heat recovery ventilation for optimal comfort and energy savings 58% 98% of the available solar energy goes to the grid with solar inverters of CO2 reductions required in the energy sector by 2050 could be achieved through district energy systems 10 Group presentation, February 2018

11 Key facts 26,645 Employees USA, CHINA AND GERMANY Top three markets WORLDWIDE SALES in more than 100 countries PRIVATELY HELD Ownership 72 FACTORIES in more than 20 countries NORDBORG, DENMARK Headquarters 11 Group presentation, February 2018

12 2017 at a glance Results Regions Sales DKKbn 43.3 Sales EURbn 5.8 Local currency growth 12% EBIT margin 11.1% Western Europe Eastern Europe North America 37% Share of Group sales 9% Share of Group sales 24% Share of Group sales Asia-Pacific Latin America Africa-Middle East Net profit DKKbn 3.3 Net profit EURm % Share of Group sales 5% Share of Group sales 3% Share of Group sales 12 Group presentation, February 2018

13 Business segments DANFOSS POWER SOLUTIONS DANFOSS COOLING DANFOSS DRIVES DANFOSS HEATING #2 Market position #1 Market position #2 Market position #1 Market position 32% of Group net sales 27% of Group net sales 24% of Group net sales 17% of Group net sales 6,815 employees 22 factories in 11 countries 13.9bn DKK sales / 1.9bn EUR 6,396 employees 13 factories in 10 countries 11.9bn DKK sales / 1.6bn EUR 4,652 employees 11 factories in 7 countries 10.3bn DKK sales / 1.4bn EUR 5,339 employees 26 factories in 12 countries 7.3bn DKK sales / 1.0bn EUR 13 Group presentation, February 2018

14 Organization Danfoss Group Executive Team President & CEO Kim Fausing Executive Vice President & CFO Jesper V. Christensen Segment President, Danfoss Power Solutions Eric Alström Segment President, Danfoss Cooling Jürgen Fischer Segment President, Danfoss Drives Vesa Laisi Segment President, Danfoss Heating Lars Tveen Global Services Group Functions Segments Danfoss Power Solutions Danfoss Cooling Danfoss Drives Danfoss Heating Regions North America Central Europe North Europe China South Europe Asia Pacific Latin America Russia Eastern Europe Turkey, Middle East & Africa India Global Accounts 14 Group presentation, February 2018

15 Employees worldwide North America 3,957 Western Europe 10,360 Eastern Europe 4,769 Latin America 1,367 Africa-Middle East 281 Asia-Pacific 5, Group presentation, February 2018

16 Committed employees More than 26,000 employees dedicated to engineering solutions that make a difference to people and businesses worldwide High employee engagement (2017: 79 on scale) Our behaviors in action Earn customer loyalty Establish trust and respect Think customer in everything we do Embrace diversity Value differences Be inclusive Go beyond the ordinary Push boundaries to innovate and continously improve Learn from successes as well as mistakes How we work, think and treat the people around us Honor commitments Be entrusted to take ownership Deliver as promised Lead by example Show and encourage engagement Role model the way Think Danfoss Take initiatives to leverage synergies Support others in succeeding 16 Group presentation, February 2018

17 Innovation that makes a difference The right technology can keep the world cool, hot, and powered up with the least amount of energy Massive investments in innovation 4.0% of net sales in product lines that meet needs and make a difference Customer involvement from start to finish On average, Danfoss is granted a new patent every day 17 Group presentation, February 2018

18 Innovation that makes a difference Danfoss awarded for its Turbocor compressors In 2017, Danfoss was awarded for its innovative Turbocor technology: Bronze Winner in the Edison Awards and an Innovation Award at the China Refrigeration Expo. Danfoss is the pioneer and leader of oil-free, magnetic bearing, variable speed centrifugal compressors for high-efficiency air-conditioning chillers. Because Turbocor compressors are frictionless, with no wearing parts, the compressors maintain high performance over time, helping end-users to lower maintenance costs and achieve significant energy-savings compared with traditional systems. 18 Group presentation, February 2018

19 Innovation that makes a difference Smart heating with Danfoss Link TM Energy efficiency saves money, reduces air pollution, strengthens competitiveness and delivers short payback time on investments. Well-proven Danfoss technologies help increase energy efficiency. For example, Danfoss Link TM is the easiest way to smart heating, saves up to 30% on home heating costs, and enables people to control home heating from anywhere directly on a smartphone with the Danfoss Link TM app. Danfoss Link TM is the only system that effortlessly helps people control both electronic radiator thermostats and floor heating. 19 Group presentation, February 2018

20 Innovation that makes a difference Spearheading autonomous off-highway vehicles In the future, the way of transporting goods and people will eventually be without involvement from an operator. Autonomous vehicles are also expected to take over most off-road applications, which is why Danfoss has been on the autonomous driving technology path for some time. In 2017, DAVIS Danfoss Autonomous Vehicle Integration System was introduced at the trade fair for agricultural machinery, Agritechnica, in Germany. The early prototype introduction of DAVIS provided valuable feedback and insights from customers about their needs for autonomous driving systems of the future, and how Danfoss can take the lead when developing the autonomous driving technologies of tomorrow. 20 Group presentation, February 2018

21 Our approach to sustainability Follow the UN Global Compact Since 2007, we have achieved: Guidelines, training and programs that govern our behavior Code of Conduct for suppliers and regular audits to verify compliance 43% Energy reduction Climate strategy: By 2030, Danfoss will be using half as much energy as in 2007 and this energy will emit half as much CO 2 27% CO 2 reduction 21 Group presentation, February 2018

22 Our history Founded in 1933 by Mads Clausen in Nordborg, Denmark Grown from a solo enterprise into a world-leader Made possible by clear focus on innovative engineering and early entry on emerging markets Cooling Heating Power Solutions Drives First product was an expansion valve for refrigeration systems (1933) Danfoss invented one of the first radiator thermostats in the world (1943) Entered hydraulics business with orbit motor for agricultural and construction machines (1964) First company to massproduce variable speed drives for controlling motors (1968) Later the hermetic compressor for refrigerators and freezers followed (1952) Today, we are one of the world s leading producers of these and many other products 22 Group presentation, February 2018

23 23 Group presentation, February 2018