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Munters Group AB (MTRS.ST)

MTRS.ST on Stockholm Stock Exchange

48.25SEK
10:12am BST
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48.80kr
Open
49.15kr
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49.30kr
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48.15kr
Volume
16,508
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317,124
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84.75kr
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45.25kr

Latest Key Developments (Source: Significant Developments)

Munters Q4 op profit exceeds expectations, sees lower Q1 core profit
Friday, 16 Feb 2018 

Feb 16 (Reuters) - Munters Group Ab ::MUNTERS AB Q4 - ‍ORDER INTAKE INCREASED BY 22% TO SEKM 1,821 (1,491) AND 23% ORGANICALLY​.MUNTERS AB Q4 - ‍NET SALES DECREASED BY 1% TO SEKM 1,811 (1,823)​.MUNTERS AB Q4 - ‍OPERATING PROFIT (EBIT) DECREASED BY 44% TO SEKM 127 (228).PROPOSES A DIVIDEND OF SEK 0.30 PER SHARE .SAYS LOOKING INTO 2018, WE EXPECT CONTINUED FAVORABLE MARKET CONDITIONS IN MOST OF OUR MARKET SEGMENTS AND THE PROGRAMS WE ARE RUNNING WILL IMPROVE THE COMPANY'S PERFORMANCE DURING 2018.SAYS ON A QUARTERLY BASIS, WE EXPECT LOWER GROUP ADJUSTED EBITA DURING THE FIRST QUARTER 2018 COMPARED TO THE SAME PERIOD LAST YEAR DUE TO LESS FAVORABLE SALES MIX IN AIR TREATMENT AND LOWER MARGIN IN DATA CENTERS BUT WE EXPECT TO SEE GROUP ADJUSTED EBITA IMPROVEMENTS FOR THE REMAINDER OF 2018.WE REMAIN CONFIDENT IN THAT THE STEPS WE ARE TAKING WILL RESULT IN US ACHIEVING OUR MID-TERM FINANCIAL TARGETS.REUTERS POLL: Q4 EBIT SEEN AT​ SEK 121 MLN, SALES AT SEK 1.81 BLN, DIVIDEND AT 0.33 SEK/SHARE .  Full Article

Munters Estimates Lower Than Expected Q4 2017 Profitability In Data Center Business Area
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Munters Group Ab ::MUNTERS ESTIMATES LOWER THAN PREVIOUSLY EXPECTED PROFITABILITY IN THE DATA CENTER BUSINESS AREA.‍ESTIMATES LOWER THAN PREVIOUSLY EXPECTED PROFITABILITY IN DATA CENTER BUSINESS AREA FOR Q4 2017.‍SOME START-UP COSTS ARE EXPECTED TO REMAIN IN Q1 2018​.LOWER THAN EXPECTED PROFITABILITY IN DATA CENTER DUE TO LOWER THAN EXPECTED PRODUCTION VOLUMES, HIGHER PROJECT START-UP COSTS​.‍LOOKING AT 2018, CO IN A GOOD POSITION TO IMPROVE PERFORMANCE IN DATA CENTER BUSINESS​.SALES GROWTH FOR ITS DATA CENTER BUSINESS IN Q1 2018 IS ESTIMATED TO BE AROUND MARKET GROWTH RATE​.DATA CENTER BUSINESS MARGINS ARE EXPECTED TO IMPROVE COMPARED TO Q4 2017​.  Full Article

Munters Group Q3 net result swings to profit of SEK ‍51​ mln
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - MUNTERS GROUP AB ::Q3 EBIT SEK ‍108​ MILLION VERSUS SEK 126 MILLION YEAR AGO.Q3 NET PROFIT SEK ‍51​ MILLION VERSUS LOSS SEK 2 MILLION YEAR AGO.  Full Article

Munters gets combined orders with value at SEK 450 mln
Monday, 6 Nov 2017 

Nov 6 (Reuters) - MUNTERS GROUP AB ::MUNTERS RECEIVES DOUBLE DATA CENTER COOLING ORDER.‍COMBINED VALUE OF ORDER APPROXIMATELY MSEK 450.​.  Full Article

Munters Group: exercise of over-allotment option in IPO
Friday, 2 Jun 2017 

June 2 (Reuters) - MUNTERS GROUP AB ::SAID ON THURSDAY OVER-ALLOTMENT OPTION IN IPO WAS FULLY EXERCISED .UP TO MORE 8,812,694 SHARES INCLUDED IN OVER-ALLOTMENT OPTION.FOLLOWING EXERCISE OF OVER-ALLOTMENT OPTION, NORDIC CAPITAL FUND VII AND FIVE ARROWS WILL OWN 91,999,607 SHARES AND 3,108,126 SHARES IN MUNTERS RESPECTIVELY, CORRESPONDING TO A SHAREHOLDING OF ABOUT 50.11 PCT AND 1.69 PCT OF TOTAL NUMBER OF SHARES IN MUNTERS .  Full Article

Munters flags Q4 loss in Data Centers business, shares fall

STOCKHOLM, Dec 14 Shares in Munters fell to a new low on Thursday after the Swedish industrial group warned it would make a fourth-quarter loss in its Data Centers business, seen as a major future growth engine for the company.