Munters: Interim report January-June 2009

Second quarter
- Order intake amounted to SEK 1,716 M (1,686), down 16% adjusted*
- Net sales amounted to SEK 1,694 M (1,548), down 9% adjusted*
- EBIT before nonrecurring costs amounted to SEK 86 M (127), down 38%
adjusted1 ,corresponding to an EBIT margin of 5,1% (8,2)
- The decline in earnings was primarily attributable to sharp volume
decline within HumiCool and investments in increased overhead costs
within MCS. Nonrecurring costs amounted to SEK 24 M
- Operating cash flow amounted to SEK 202 M (13)
- Net earnings after tax amounted to SEK 27 M (49)
- Earnings per share amounted to SEK 0,36 (0,66)

Six-month period
- Order intake amounted to SEK 3,440 M (3,272), down 13% adjusted*
- Net sales amounted to SEK 3,397 M (3,092), down 8% adjusted*
- EBIT before nonrecurring costs amounted to SEK 125 M (257), down
49% adjusted* ,corresponding to an EBIT margin of 3,7% (8,3)
- Nonrecurring costs amounted to SEK 57 M
- Operating cash flow amounted to SEK 189 M (neg:30) for the
six-month period
- Net earnings after tax amounted to SEK 5 M (107)
- Earnings per share amounted to SEK 0,07 (1,44)

*Pro forma, adjusted for currency fluctuations, acquisitions and
divestments.

Munters AB

For further information, please contact:
Lars Engström, Chief Executive Officer
Tel: +46 8 626 63 03, lars.engstrom@munters.se
Martin Lindqvist, Chief Financial Officer
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 about 4 000 employees and net sales of about SEK 6.5
billion. The Munters share is listed on the Nasdaq OMX Stockholm, Mid
Cap. For more information, see www.munters.com.