Munters Capital Markets Day 2022: Stable growth journey ahead, financial targets updated with raised growth target
In recent quarters, Munters has demonstrated strong organic growth combined with strategic acquisitions. To reflect the strong demand for our energy-efficient solutions we have updated our financial targets: · Annual organic, currency adjusted, net sales growth on average of 10 percent.Previous target: Annual organic, currency adjusted net sales growth of 5 percent, supplemented by selected add-on acquisitions. · Adjusted EBITA margin above 14 percent.Previous target: An adjusted EBITA margin of 14 percent in the medium term. · Average (LTM*) operating working capital