SOURCE: Munters AB

November 30, 2010 01:42 ET

Munters: Interim report - Third quarter, July - September 2010

KISTA, SWEDEN--(Marketwire - November 30, 2010) -


Solid last quarter as publicly traded company

* Nordic Capital has acquired Munters via Cidron Intressenter after the balance sheet date. An extraordinary general meeting is being held on November 30, 2010. As of November 25, the Board of Directors of Munters have applied to delist the company's shares from the NASDAQ OMX Stockholm

* Munters has concluded the divestment of its MCS division, which is reported as a discontinued operation

* Order intake for continuing operations amounted to SEK 927 M (777), up 21% adjusted [1]

* Net sales for continuing operations amounted to SEK 954 M (877), up 11% adjusted [1]

* EBIT for continuing operations before nonrecurring items amounted to SEK 100 M (73), up 43% adjusted [1]

* Operating cash flow from continuing operations amounted to negative SEK 23 M (91)

* Net earnings after tax for continuing operations amounted to SEK 5 M(35)

* Earnings per share for continuing operations amounted to SEK 0.05(0.46)

* Net sales for the Group, including divested operations, amounted to SEK 1,561 M (1,533). EBIT for the Group, including divested operations, amounted to SEK 650 M (36)

[1] Adjusted for currency effects


This press release is also available on www.munters.com

Munters is a global leader in energyefficient air treatment solutions based on expertise in humidity and climate control technologies. Customers are served in a wide range of segments, the most important being food- and pharmaceutical industries. Manufacturing and sales are carried out through the Group's own companies in about 30 countries. The Group has close to 2,200 employees and annual net sales of about SEK 3.8 billion. The Munters share is listed on NASDAQ OMX Stockholm, Mid Cap. For more information, www.munters.com.


[HUG#1466773]


2010 Q3 Jan-Sept: http://hugin.info/992/R/1466773/404502.pdf


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Source: Munters AB via Thomson Reuters ONE

Contact Information

  • For more information, please contact:

    Lars Engstrom
    Chief Executive Officer
    Tel: +46 8 626 63 03
    Email Contact

    Martin Lindqvist
    CFO
    Tel +46 8 626 63 06
    Email Contact

    Andreas Olofsson
    VP Corp. Communications
    Tel +46 8 626 54 08
    Email Contact