Company Munters Group AB

Equities

MTRS

SE0009806607

Electrical Components & Equipment

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Munters Group AB

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Heating, Ventilation & Air Conditioning Systems

Market Closed - Nasdaq Stockholm Other stock markets 11:29:56 2024-04-24 am EDT			5-day change	1st Jan Change
212.2 ^SEK	+6.47%		+20.71%	+29.79%

Apr. 24	Munters Group AB Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Apr. 23	Transcript : Munters Group AB, Q1 2024 Earnings Call, Apr 23, 2024

Munters Group AB is a Sweden-based provider of energy efficient air treatment and and climate control solutions primarily within food, pharmaceutical and data center sectors. The Company is organized in four business areas: Air Treatment, Data Centers, AgHort and Mist Elimination, and supported by Global Operations and Global Services units. The product portfolio comprises air intakes/air inlets, temperature and humidity control air treatment systems, fans and light filters, heat exchangers, heaters, mist eliminators, pollution control and volatile organic compounds abatement technologies to remove liquid and solvents from the air. The Companyâs largest shareholder is Nordic Capital Fund VII.

SEK in Million	2022	Weight	2023	Weight	Delta
AirTech 58.9 %	6,816	65.6 %	8,210	58.9 %	+20.45%
Data Center Technologies 24.5 %	1,400	13.5 %	3,407	24.5 %	+143.36%
FoodTech 16.6 %	2,170	20.9 %	2,313	16.6 %	+6.59%

SEK in Million	2022	Weight	2023	Weight	Delta
United States 51.0 %	4,317	41.6 %	7,104	51.0 %	+64.56%
China 13.2 %	1,878	18.1 %	1,835	13.2 %	-2.29%
Other Countries 8.6 %	1,036	10.0 %	1,195	8.6 %	+15.35%
Germany 3.6 %	521	5.0 %	495	3.6 %	-4.99%
United Kingdom 3.2 %	198	1.9 %	443	3.2 %	+123.74%
Canada 2.8 %	137	1.3 %	386	2.8 %	+181.75%
Sweden 2.0 %	295	2.8 %	273	2.0 %	-7.46%
Japan 1.8 %	170	1.6 %	245	1.8 %	+44.12%
Mexico 1.7 %	226	2.2 %	231	1.7 %	+2.21%
India 1.6 %	183	1.8 %	226	1.6 %	+23.50%
Brazil 1.5 %	190	1.8 %	207	1.5 %	+8.95%
France 1.5 %	165	1.6 %	204	1.5 %	+23.64%
Belgium 1.2 %	152	1.5 %	173	1.2 %	+13.82%
Italy 1.2 %	197	1.9 %	173	1.2 %	-12.18%
Ireland 1.2 %	163	1.6 %	170	1.2 %	+4.29%
Netherlands 1.1 %	163	1.6 %	151	1.1 %	-7.36%
Australia 1.0 %	111	1.1 %	140	1.0 %	+26.13%
Poland 1.0 %	129	1.2 %	140	1.0 %	+8.53%
South Korea 1.0 %	-	-	138	1.0 %	-

Managers	Title	Age	Since
Klas Forsström CEO	Chief Executive Officer	57	19-08-11
Katharina Fischer DFI	Director of Finance/CFO	53	23-09-04
Paul Dinnage CTO	Chief Tech/Sci/R&D Officer	62	-
Susann Johnsson		-	-
Ann-Sofi Jönsson IRC	Investor Relations Contact	-	19-07-31
Grete Solvang Stoltz HRO	Human Resources Officer	54	21-12-31

Members of the board	Title	Age	Since
Hans Kristian Sildeby BRD	Director/Board Member	48	17-05-06
Ingrid Helen Fasth-Gillstedt BRD	Director/Board Member	62	16-12-31
Magnus Nicolin CHM	Chairman	68	22-04-30
Robert Wahlgren BRD	Director/Board Member	55	09-12-31
Klas Forsström CEO	Chief Executive Officer	57	19-08-11
Per Anders Lindqvist BRD	Director/Board Member	57	22-05-17
Simon Henriksson BRD	Director/Board Member	40	-
Märta Maria Håkansson BRD	Director/Board Member	54	22-05-17

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	184,457,817	182,278,541 ( 98.82 %)	1,924,705 ( 1.043 %)	98.82 %

Name	Equities	%	Valuation
FAM AB 28.03 %	51,701,057	28.03 %	929 M kr
Swedbank Robur Fonder AB 7.164 %	13,214,684	7.164 %	237 M kr
ODIN Forvaltning AS 3.033 %	5,594,326	3.033 %	101 M kr
ODIN Forvaltning AS (Sweden) 2.006 %	3,700,000	2.006 %	66 M kr
C Worldwide Asset Management Fondsmæglerselskab A/S (Sweden) 1.683 %	3,104,543	1.683 %	56 M kr
MUNTERS GROUP AB 1.048 %	1,933,033	1.048 %	35 M kr
Länsförsäkringar Fondförvaltning AB 1.014 %	1,870,601	1.014 %	34 M kr
Amundi Asset Management SA (Investment Management) 0.5722 %	1,055,428	0.5722 %	19 M kr
Nordea Investment Management AB 0.4655 %	858,713	0.4655 %	15 M kr
Storebrand Asset Management AS 0.4254 %	784,655	0.4254 %	14 M kr

Name	Equities	%	Valuation
MUNTERS GROUP AB 1.05%	1,933,033	1.05%	34,728,291 $

Munters Group AB

Borgarfjordsgatan 16 Kista

164 40, Stockholm

+46 86 26 63 00

http://www.munters.com

Name	Category and Sector
Munters AB Munters AB Industrial MachineryProducer Manufacturing Munters AB engages in the provision of air treatment solutions. The company was founded by Carl Munters and Marcus Wallenberg in 1955 and is headquartered in Kista, Sweden.	Industrial Machinery
Carl Munters AB
Munters India Humidity Control Pvt Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

B+

More Ratings

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

212.2 SEK

Average target price

196.2 SEK

Spread / Average Target

-7.52%

Consensus

Estimates Revisions

Company calendar

Industrials

Industrial Goods

Machinery, Equipment & Components

Electrical Components & Equipment

Heating, Ventilation & Air Conditioning Systems

	1st Jan change	Capi.
MUNTERS GROUP AB	+29.79%	3.56B
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CARRIER GLOBAL CORPORATION	-4.66%	49.3B
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DAIKIN INDUSTRIES, LTD.	-11.09%	38.27B
LENNOX INTERNATIONAL INC.	+4.54%	16.65B
WATSCO, INC.	+2.83%	16.22B
A. O. SMITH CORPORATION	+5.53%	12.79B
NIBE INDUSTRIER AB	-28.31%	9.4B
AAON, INC.	+21.39%	7.36B

Heating, Ventilation & Air Conditioning Systems