Danfoss Climate Solutions recorded sales of EUR 1.803 billion (approx. USD 2.1 billion) in the first half of 2026, up from EUR 1.587 billion in H1 2025, with organic growth of 18%. Performance was driven by data centers and increased uptake of heat pumps in buildings and industrial applications.
The segment, which supplies energy-efficient heating, cooling and heat recovery solutions for industrial applications, buildings, infrastructure, data centers and the cold chain, increased its operational EBITA margin to 18.1%, compared with 15.8% in H1 2025.
Across the group, Danfoss generated sales of EUR 5.254 billion (approx. USD 6.1 billion), representing organic growth of 15%. Operational EBITA increased 44% to EUR 802 million (approx. USD 935 million), with the margin rising from 11.8% to 15.3%. Growth was strongest in North America and Asia, particularly China and India.
All three Danfoss business segments reported growth from the build-out of data centers. The company provides solutions for air- and liquid-cooled data centers, including power conversion, energy storage and heat recovery. Danfoss Power Solutions reported 18% organic growth, while Danfoss Power Electronics and Drives recorded 5%.
Danfoss upgraded its full-year outlook following the H1 performance. Sales are now expected to finish in the upper half of the EUR 9.1–10.6 billion range, while the expected operational EBITA margin was raised to 14.6–15.6%, from 12.8–14.3% previously.
“We continue to see heightened demand in the market for our innovative, competitive, and sustainable solutions, with solid growth momentum across our businesses, including data centers,” said Danfoss President and CEO Kim Fausing.
