Interim report January-March 2009

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 markets
where a market exit is in progress
□ Nonrecurring costs totaled SEK 33 M
□ Net earnings after tax was a loss of SEK 22 M (profit: 58)
□ Earnings per share amounted to a loss of SEK 0.29 (profit: 0.78)

(1) Pro forma, adjusted for currency fluctuations, acquisitions and divestments.

For further information, please contact:
Lars Engström, CEO 
Tel: +46 8 626 63 03, lars.engstrom@munters.se 

Martin Lindqvist, CFO
Tel: +46 8 626 63 06, martin.lindqvist@munters.se 

Munters is a global leader in energy-efficient air-treatment solutions and
restoration services based on expertise in humidity and climate control
technologies. Customers are served in a wide range of segments, the most
important being the insurance, food, pharma and electronics industries.
Manufacturing and sales are carried out through the Group's own companies in
more than 30 countries. The Group has slightly more than 4 100 employees and net
sales of about SEK 6.5 billion. The Munters share is listed on Nasdaq OMX
Stockholm. For more information, see www.munters.com.