Munters Q4 and Full Year report 2020 - "A stronger base for the future growth journey"
October-December 2020:
·Munters was impacted by the outbreak of Covid-19 in the fourth quarter with delays both in deliveries to customers as well as postponed investments by customers.
·Order intake decreased -13%, currency adjusted -4%, mainly driven by lower order intake in Data Centers US on the back of a strong 2019.
·Net sales was flat, currency adjusted strong growth of +8%, mainly driven by good growth in business area AirTech’s pharma sub-segment and Services as well as the swine segment in business area FoodTech.
·The adjusted EBITA-margin improved to