INTERIM REPORT JANUARY - JUNE 2007

INTERIM REPORT JANUARY - JUNE 2007

SECOND QUARTER 

• Order intake rose 7 percent to SEK 1,688 M (1,573), up 1 percent adjusted1. 
• Dehumidification continued its strong growth, with high demand for
energy-efficient products for commercial premises.
• MCS was adversely affected by very dry weather conditions until the second
half of June, when parts of Europe had heavy rain.
• HumiCool continued to develop favorably, but was affected by low demand for
pre-coolers for gas turbines compared with the strong second quarter in 2006.
• Net sales increased by 5 percent to SEK 1,524 M (1,456), adjusted1.
• Net earnings totaled SEK 70 M (79).
• Continued improvement of earnings and operating margin within Dehumidification
and HumiCool, excluding the newly acquired Sial.
• Weakened earnings caused by dry weather and nonrecurring items of SEK 10 M
within the MCS Division, and normal seasonal operating losses within Sial of SEK
10.5 M.
• Cost-reduction program initiated at MCS.
• Earnings per share amounted to SEK 0.95 (1.06).
• Agreement signed to acquire Danish-based Turbovent at the end of June
strengthens HumiCool's position in climate control for the farming industry.


SIX-MONTH PERIOD

• Order intake rose 3 percent to SEK 3,215 M (3,088), adjusted1.
• Net sales increased by 5 percent to SEK 2,928 M (2,841), adjusted1. 
• Net earnings totaled SEK 148 M (150).
• Earnings per share amounted to SEK 1.99 (2.02).


For further information, please contact:
Lars Engström, Chief Executive Officer, 
Tel: +46 8 626 63 03, lars.engstrom@munters.se
Jonas Samuelson, Chief Financial Officer,
Tel: +46 8 626 63 06, jonas.samuelson@munters.se

This six-month report, along with other information, is available on
www.munters.com

Munters is the world leader in humidity control, offering products and services
for water and fire damage restora-tion, dehumidification, humidification and air
cooling. Munters' business concept is to be a global service and
application-driven niche company in air treatment, with a focus on
environmentally friendly and energy-efficient solutions. Operations are
organized in three divisions: Dehumidification, MCS (Moisture Control Services)
and HumiCool. Manufacturing, sales and service operations are conducted through
the Group's own companies, which have 3,900 permanent employees in 30 countries.
The Munters share is listed on the Nordic Mid Cap list