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MUNTERS GROUP INTERIM REPORT THIRD QUARTER 2018

окт 25, 2018

Sales and earnings growth

Third quarter 2018

  • Order intake increased by 14% to SEKm 1,701 (1,489).
  • Net sales increased by 13% to SEKm 1,748 (1,552).
  • Operating profit (EBIT) increased by 33% to SEKm 144 (108).
  • Adjusted EBITA increased by 19% to SEKm 195 (164),
    corresponding to an adjusted EBITA margin of 11.1% (10.6).
  • Net income was SEKm 62 (51).
  • Cash flow from operating activities was SEKm -38 (176).
  • Earnings per share before and after dilution amounted to
    SEK 0.33 (0.27).
     

January - September 2018

  • Order intake decreased by 4% to SEKm 5,161 (5,377).
  • Net sales increased by 10% to SEKm 5,288 (4,794).
  • Operating profit (EBIT) increased by 20% to SEKm 390 (326).
  • Adjusted EBITA increased by 4% to SEKm 521 (501),
    corresponding to an adjusted EBITA margin of 9.9% (10.4).
  • Net income amounted to SEKm 227 (20).
  • Cash flow from operating activities was SEKm 0 (242).
  • Earnings per share before and after dilution amounted to
    SEK 1.19 (0.21).

Events after period end

  • Launch of comprehensive profit improvement program in business area Data Centers.
  • Michael Gantert has been appointed new head of business area Data Centers.

Presentation / Audiocast / Telephone conference
A telephone conference will be held 25 October 09.00 CET. CEO John Peter Leesi and CFO Jonas Ågrup will present and comment on the third quarter and January-September 2018 report. 

Details for the telephone conference;

SE: +46 8 566 426 92

UK: +44 203 008 98 03

US: +1 855 831 5946

The presentation can also be followed via webcast: http://www.financialhearings.com/event/10793

For further information, please contact:

John Peter Leesi, CEO Munters Group Phone: +46 8 626 63 01

John Womack, Investor Relations Phone: +46 706 782 499 

This information is information that Munters Group AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 08.00 CET on 25 October 2018.

About Munters

Munters is a global leader in energy efficient air treatment and climate solutions. Using innovative technologies, Munters creates the perfect climate for customers in a wide range of industries, the largest being the food, pharmaceutical and data center sectors. Munters has been defining the future of air treatment since 1955. Today, around 3,900 employees (including temps.) carry out manufacturing and sales in more than 30 countries. Munters reports annual net sales above 6,6 billion SEK. For more information, please visit www.munters.com