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Munters Group AB (MTRS.ST)

MTRS.ST on Stockholm Stock Exchange

50.15SEK
15 Dec 2017
Change (% chg)

-1.60kr (-3.09%)
Prev Close
51.75kr
Open
51.90kr
Day's High
51.90kr
Day's Low
49.02kr
Volume
2,075,163
Avg. Vol
358,580
52-wk High
84.75kr
52-wk Low
49.02kr

Latest Key Developments (Source: Significant Developments)

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 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.