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
For more information, please contact:
Lars Engström, Chief Executive Officer
Tel: +46 8 626 63 03
lars.engstrom@munters.se
Martin Lindqvist, CFO
Tel +46 8 626 63 06
martin.lindqvist@munters.se
Andreas Olofsson, VP Corp. Communications
Tel +46 8 626 54 08
andreas.olofsson@munters.se
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]
Munters: Interim report - Third quarter, July - September 2010
| Source: Munters AB