Munters interim report Jan-Mar 2021 - "Solid first quarter with improved market conditions"
January - March 2021: · In general, market conditions improved. The major effect from the Covid-19 pandemic was increased costs from shortages in the supply chain that was managed well. · Order intake increased +8%, currency adjusted strong growth of +20%, and net sales increased +3%, currency adjusted +14%. Growth was mainly driven by the battery and pharma sub-segments (part of the industrial segment) in business area AirTech and the swine segment in China in business area FoodTech. Also, Services had good growth. · The adjusted EBITA-margin improved to 12.3% (8.3). The