A.V. Engineers Private Limited Danfoss had a really good year in 2013, once again delivering solid results. We have strengthened our business and are poised for growth. The danfoss annual report shows how well danfoss continued to perform in 2013 and the strong position we are in today, both in terms of our financial results and the progress we made in the strategic initiatives under our core & clear group strategy. Danfoss fulfilled the expectations it set for 2013, just as in 2011 and 2012.