INTERIM REPORT JANUARY-MARCH 2007

FIRST QUARTER

- Order intake rose 5 percent, adjusted to SEK 1,527 M (1,515).
- Net sales increased by 5 percent adjusted1 to SEK 1,404 M (1 386). Excluding sales in MCS relating to hurricanes in the first quarter of 2006 (SEK 75 M), sales increased by 11 percent adjusted.
- Net earnings amounted to SEK 78 M (71).
- Earnings per share amounted to SEK 3.12 (2.88).
- Operating cash flow was SEK 45 M (66).
- Acquisition of Des Champs Technologies in the beginning of April, active in energy-efficient systems for climate control in commercial premises.


For further information please contact:

Lars Engström, Chief Executive Officer,
Telephone 08-626 63 03, lars.engstrom@munters.se

Jonas Samuelson, Chief Financial Officer,
Telephone 08-626 63 06,
jonas.samuelson@munters.se