Accounts Report 1997 Munters AB

Accounts Report 1997 Munters AB - Order intake during the year increased by 17 percent to SEK 2,267M (1,943). - Total Group invoicing increased by 14 percent to SEK 2,197M (1,927). - Earnings after financial income and expenses increased by 22 percent to SEK 178M (146). - Earnings per share after tax amounted to SEK 4.18 ( 3.62). - Positive operating cashflow reduced net debt by 50 percent to SEK 112M. Munters is the world leader in humidity control with products and services for dehumidification, humidification and cooling of air. Operations are divided into three geographic regions - Europe, the Americas and Asia. In each region operations are subdivided into the Product Areas: Dehumidification, Moisture Control Services (MCS), HumiCool and Mist Elimination & Water Treatment. Manufacturing and sales are carried out via the Group's own companies in 25 countries. At the year-end, there were 1,871 employees. Since October 1997, Munters' shares have been quoted on the O list of the Stockholm Stock Exchange. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/03/04/19990818BIT00500/bit0001.doc http://www.bit.se/bitonline/1999/03/04/19990818BIT00500/bit0002.pdf