US/UK/Canada

Share

About Us

Munters sells products and services for controlling humidity of the air.

Pick a time period -
Tags ( Active)

Interim report January-March 2009

First quarter□ Order intake amounted to SEK 1,724 M (1,586), - a decline 10% adjusted (1)□ Net sales amounted to SEK 1,703 M (1,545), - a decline 9% adjusted(1)□ EBIT before nonrecurring costs totaled SEK 39 M (129), corresponding to EBIT margin of 2.3% (8.3)□ Earnings deterioration was related primarily to a significant volume drop in HumiCool, cyclical downturn in the higher margin segments in Dehumidification and MCS, volume related underabsorption in factories as well as a strong earnings deterioration in MCS marketswhere a market exit is in progress□ Nonrecurring costs

Communiqué from Munters' AGM April 15, 2009

Munters’ Annual General Meeting was held on April 15, 2009, at IVA in Stockholm.Board of Directors and feesThe Annual General Meeting (AGM) re-elected the Board members Anders Ilstam, Bengt Kjell, Sören Mellstig, Eva-Lotta Kraft, Jan Svensson, Lars Engström, Kenneth Ericsson and Kjell Åkesson. Anders Ilstam was appointed Chairman of the Board and Bengt Kjell was appointed Vice Chairman.It was decided that the fee to the board members shall amount to a total of SEK 2,275,000.It was decided that the fee to the auditor shall be payable on account.Dispositions concerning the Company’s

Presentation for investors, analysts and media

Munters will be holding a presentation and conference call following the results of the first quarter results 2009. The report will be presented by Mr. Lars Engström, CEO and Mr Martin Lindqvist, CFO. There will be a session for questions after the presentation.Date: April 23, 2009Time: 8.30-9.30 AM CETLocation: Operakällaren, Karl XII:s Torg, Stockholm, Sweden.To participate in Stockholm, please rsvp by April 21 to annika.koponen@munters.seParticipation by telephone:+46 (0)8 5352 6458, Sweden Toll+44 (0)20 7136 6285, UK Toll+1 718 247 0885, USA TollConfirmation Code:

Revised reporting dates for Munters. Company’s 2008 Annual Report now available.

Munters has changed the dates for the company’s report for the second quarter of 2009. The report will be published on July 22, 2009 not as previously announced August 12.Future reporting dates:April 23, 2009Interim Report January – March 2009July 22, 2009Interim Report January – June 2009October 28, 2009Interim Report January – September 2009February 9, 2010Year-end Report 2009April 22, 2010Interim Report January – March 2010July 22, 2010Interim Report January – June 2010Munters 2008 Annual Report is availableThe Swedish-language version of the Munters 2008

Notice to attend Annual General Meeting 2009

Munters AB (publ) is holding the Annual General Meeting on Wednesday 15 April 2009at 5.00 p.m. CET, at IVA, Kungl. Ingenjörsvetenskapsakademien, Grev Turegatan 16 inStockholm. Registration starts at 4.00 p.m. CET.A. Notice of attendance. RegistrationShareholders who wish to attend the Annual General Meeting must(i) be registered in the share register kept by Euroclear Sweden AB (formerly VPC AB) as per Tuesday 7April 2009.(ii) notify the Company of their intent to attend the Annual General Meeting in writing to Munters AB, Box1188, SE-164 26 KISTA, Sweden, by telephone +46 8

Munters Corporation receives Intel’s prestigious supplier continuous quality improvement award

Munters Corporation has received Intel Corporation’s prestigious Supplier Continuous Quality Improvement (SCQI) award recognizing world-class, outstanding performance in 2008.This award is Intel’s highest honor for its suppliers, acknowledging extraordinary commitment to quality and exceptional performance for providing VOC abatement equipment deemed essential to Intel’s success. Munters is among an elite group of 14 suppliers to receive the SCQI award for 2008.“We at Munters are proud to receive this most prestigious SCQI award from Intel. It is yet another recognition of Munters

Year-end report 2008

Fourth quarter□ Order intake increased to SEK 1,661 M (1,518), - down 4% adjusted*□ Net sales increased to SEK 1,881 M (1,737), - down 3% adjusted*□ EBIT before intangible amortization and nonrecurring costs totaled SEK 141 M (187), equivalent to an EBIT margin of 7.5% (10.7)□ Costs for the MEP2 program, which is now completed, and other nonrecurring costs totaled SEK 62 M□ Net earnings after tax totaled SEK 18 M (101)□ Earnings per share amounted to SEK 0.24 (1.34)□ Strong operating cash flow of SEK 158 M (161)Full-year□ Order intake increased to SEK 6,515 M (6,407), -

Presentation for investors, analysts and media

Munters will be holding a presentation and conference call following the results of the year-end report of 2008. The report will be presented by Mr. Lars Engström, CEO and there will be a session for questions after the presentation.Date: February 12, 2009Time: 8.30-9.30 AM CETLocation: IVA, Royal Swedish Academy of Engineering Sciences, Grev Turegatan 16, WenströmsalenStockholm, Sweden. To participate in Stockholm, please rsvp by February 10 to annika.koponen@munters.seParticipation by telephone:+46(0)8 5051 3793, Sweden Toll+44(0)20 7806 1967, UK Toll+1 718 354 1390, USA

Martin Lindqvist appointed CFO at Munters

Martin Lindqvist has been appointed Group Vice President and Chief Financial Officer, Munters AB. He will assume his position March 1, 2009.Mr. Lindqvist brings international experience from several senior management positions in Tetra Pak, most recently as Vice President Finance & Control for Tetra Pak Processing Solutions. His career also includes finance positions in Trelleborg and Holmen. Currently, Mr. Lindqvist is Vice President and Group Controller for Mercuri Urval Group.– The CFO position is one of the most important positions in Munters. Martins’ business understanding and drive

Acquisition of Belgium-based Toussaint Nyssenne

As of today (October 30), Munters owns Toussaint Nyssenne, manufacturer of energyefficient air-conditioning systems.The acquisition is strategically important for Munters’ Dehumidification Division and increases its marketposition on the European market for customized air-conditioning systems for offices, public buildings andindustrial applications.“The operations will be integrated with the Dehumidification Division’s business and increase market potentialthrough synergies within production integration, technology, distribution and other areas,” says Lars Engström,CEO of

Interim Report January - September 2008

Third quarter□ Order intake amounted to SEK 1,582 M (1,674), - down 3% adjusted (1)□ Net sales amounted to SEK 1,597 M (1,597), - up 2% adjusted (1)□ EBIT before amortization and nonrecurring costs totaled SEK 119 M (152)□ Costs for the MEP2 program (Munters Efficiency Program phase 2) and other nonrecurring costs totaled SEK 35 M□ Net earnings after tax totaled SEK 40 M (87)□ Earnings per share amounted to SEK 0.53 kronor (1.16)□ Operating cash flow amounted to SEK 49 M (neg: 25)Interim-report period□ Order intake amounted to SEK 4,854 M (4,889), up 1% adjusted (1)□ Net

Munters’ Nomination Committee for AGM 2009

In accordance with the decision at the Munters Annual General Meeting, the Chairmanof the Board of Directors has requested four of the major shareholders in terms ofvoting rights to appoint one member each who, jointly with himself, will comprise theNomination Committee.The Nomination Committee’s tasks include presenting proposals regarding the composition of Munters’ Boardof Directors and remuneration to the Board of Directors to the Munters Annual General Meeting on April 15,2009. The members of the Nomination Committee are based on the ownership structure as of the last bank

Interim report January-June 2008

Second quarter□ Order intake amounted to SEK 1,686 M (1,688) – up 4% adjusted1□ Net sales advanced 2% to SEK 1,548 M (1,524) – up 5%, adjusted1□ Costs for the MEP2 program (Munters Efficiency Program phase 2) totaled SEK 19 M, according to plan□ Nonrecurring costs of SEK 13 M were incurred due to quality problems related to sub-suppliers□ EBIT before amortization and nonrecurring costs totaled SEK 129 M (130)□ Net earnings after tax totaled SEK 49 M (70)□ Earnings per share amounted to SEK 0.66 (0.95)□ Agreement signed on July 10 concerning the acquisition of Belgian company

Jonas Samuelson, CFO of Munters, joins Electrolux

Jonas Samuelson, currently Chief Financial Officer (CFO) of Munters AB, has accepted an offer to take up the positionas CFO for Electrolux. The transition will take place before end of 2008. The recruitment of his successor is in progress.Jonas joined Munters in 2005, and his role has been of great importance in Munters strategic development and growth."During his time at Munters Jonas has been a key member of the Group Management Team, and he has personally drivenseveral successful strategic initiatives, including several acquisitions. Jonas solid business understanding and drive

Presentation for investors, analysts and media

Munters AB will be holding a presentation and conference call following the results of the second quarter 2008. Mr. Lars Engström, CEO and Mr. Jonas Samuelson, CFO will deliver an update on the progress during January - June 2008. There will be a session for questions after the presentation.Date: August 13, 2008Time: 10.00-11.00 AM CETLocation: Berns, Berzelii Park, Kilsalen, StockholmTo participate in Stockholm, please rsvp by August 11 to anna.beausang@munters.seParticipation by telephone:+46 (0)8 5051 3793, Sweden Toll+44 (0)20 7806 1968, UK Toll+1 718 354 1390, USA Toll

Munters agrees to acquire Toussaint Nyssenne, accelerating growth in Energy Efficient Air Treatment Systems

July 10, 2008, 2:00 pm. - Munters has entered into an agreement to acquire Belgium-based Toussaint Nyssenne, manufacturer of high quality air conditioning systems, complementing Munters energy-efficient air treatment product range. The company employs approximately 150 people, and had 2007 revenues of EUR 17 M (SEK160 M).Located in Dison, Belgium, Toussaint Nyssenne manufactures high quality customized air conditioning systems for offices, public buildings and industrial applications. The systems are highly flexible and modular, providing air treatment for a wide variety of demanding

Munters acquires Västgöta Torkteknik AB

Munters acquires Västgöta Torkteknik AB and further strengthens its position as leading service provider within water damage restoration in Sweden. Information on the transaction is not considered price sensitive.Västgöta Torkteknik is in the moisture and water damage business, with a net sales of about SEK 4 million 2007. The company was established 14 years ago and has four employees. They are based in Skövde, Sweden, and they cover the whole Skaraborg County.“The acquisition strengthens our position as a nationwide company in our core business moisture and water damage restoration”,

New dates for Munters financial reports regarding year 2008

Munters has decided to change the release dates for the coming two interimreports as well as established the date for the year-end report.Munters has set the following dates:Period Date TimeJanuary - June 2008 August 13, 2008 08.00 am. CETJanuary - September 2008 October 24, 2008 08.00 am. CETJanuary - December 2008 February 12, 2009 08.00 am. CETKista, May 27, 2008For more information, please contact:Lars Engström, Chief Executive OfficerTel: +46 8 626 63 03lars.engstrom@munters.seJonas Samuelson, Chief Financial OfficerTel: +46 8 626 63 06jonas.samuelson@munters.

Re-scheduled analyst and press telephone conference - Munters AB Interim Report Q1 2008.

Due to technical problems on the originally scheduled time April 22nd, we are now offering a new opportunity to listen to Mr. Lars Engström, CEO and Mr. Jonas Samuelson, CFO. There will be a session for questions after the presentation.Date: 23 April 2008Time: 09.00 am CET (10.00 am GMT)Telephone number :+46 (0)8 5876 9446 Sweden Toll+44 (0)20 7138 0810 UK Toll+1 718 354 1157 US TollConfirmation code: 2641713A copy of the presentation has been published on www.munters.com/Investors/Financial reportsA recording of the conference call will be available after the call on www.

Annual General Meeting in Munters AB (publ)

Today, Munters AB held its Annual General Meeting in Stockholm, Sweden.Board of Directors and feeThe Annual General Meeting held in Munters AB today re-elected the Board membersAnders Ilstam, Bengt Kjell, Sören Mellstig, Eva-Lotta Kraft, Jan Svensson and Lars Engström, and elected Kenneth Ericsson and Kjell Åkesson as new Board members. Anders Ilstam was appointed Chairman of the Board.It was decided that the fee to the board members shall amount to a total of SEK 2,275,000.AuditorThe Meeting resolved to re-elect the registered accounting firm Ernst & Young AB for a term of four

Interim Report January – March 2008

- Order intake rose to SEK 1,586 M (1,527), up 4% - up 2%, adjusted1- Net sales advanced to SEK 1,545 M (1,404), up 10% - up 7%, adjusted1- Costs for the MEP2 program (Munters Efficiency Program phase 2) totaled SEK 21 M, according to plan- EBIT before amortization and costs for the MEP2 program totaled SEK 131 M (128)- Net earnings totaled SEK 58 M (78)- Earnings per share totaled SEK 0.78 (1.04)For further information, please contact:Lars Engström, Chief Executive Officer,Tel: +46-8-626 63 03, lars.engstrom@munters.seJonas Samuelson, Chief Financial Officer,Tel: +46-8-

Presentation for investors, analysts and media

Munters AB will be holding a presentation following the results of the first quarter 2008.The report will be presented by Mr. Lars Engström, CEO and Mr. Jonas Samuelson, CFO.Date: April 22, 2008Time: 4.00 pm CET (3.00 pm GMT)Location: Conference & Dining Hall of Kungsholmen, Fleminggatan 18 (the Trygg-Hansa building) in Stockholm., Sweden. Room: Brädstapeln.Participation by telephone:+44 (0)20 7806 1957 UK Toll+1 718 354 1388 US Toll+46 (0)8 5352 6407 Sweden TollConfirmation Code:2068648In time for the call you will find a copy of the presentation on this website under

Munters acquires Turkish distributor

Munters has entered into an agreement to acquire 80% of the Turkish company Munters-Form Endüstri Sistemleri Sanayi ve Ticaret A.Ş. Turkey. Munters-Formhas nine employees and the annual turnover of the company is around 3 million Euro. The acquisition has a marginal effect on Munters earning per share in 2008.Munters-Form is mainly active in the field of dehumidification, ventilation products for the agricultural area and pre-cooling for gas turbines. The company is a part of the Form Group owned by the Korun family who will maintain a 20% interest in the company. Form Group has been the

There are no items matching the current filter
There are no more items matching the current filter
Back to top

Media