Carl Munters

Munters Group AB: Profitable growth and strong cash flow

Retrieved on: 
Tuesday, April 23, 2024
VOC, CFO, Investment, Person, ARR, Clean technology, Volatile organic compound, Growth, Software as a service, Webcast, Carl Munters, Digital, Automation, DCT, Acquisition, ID, Renewable energy

FoodTech had strong growth in Climate solutions in Americas and very strong growth in Digital solutions in the US.

Key Points: 
  • FoodTech had strong growth in Climate solutions in Americas and very strong growth in Digital solutions in the US.
  • AirTech declined, but with growth in Americas, mainly in the battery sub-segment, offset by weaker development in APAC and EMEA.
  • Cash flow from operating activities improved mainly because of improved earnings and a reduction in operating working capital.
  • This information is information that Munters Group AB is obliged to make public pursuant to the EU Market Abuse Regulation.

Due to a ransomware attack at a hosting provider Munters releases preliminary fourth quarter and full year results 2023

Retrieved on: 
Monday, January 22, 2024
CFO, ID, Publishing, Tietoevry, Carl Munters, Webcast, Cryptocurrency

STOCKHOLM, Jan. 21, 2024 /PRNewswire/ -- Due to a ransomware attack at one of Munters hosting providers, Tietoevry, it cannot be ensured, that information regarding Munters preliminary results for the fourth quarter and full year 2023 has remained confidential.

Key Points: 
  • STOCKHOLM, Jan. 21, 2024 /PRNewswire/ -- Due to a ransomware attack at one of Munters hosting providers, Tietoevry, it cannot be ensured, that information regarding Munters preliminary results for the fourth quarter and full year 2023 has remained confidential.
  • Currently, Munters financial consolidation system and a limited part of our business systems are affected by the ransomware attack.
  • Summary of the fourth quarter 2023:
    Munters reports a strong quarter with increased order intake and net sales, a strengthened adjusted EBITA-margin and a lower leverage.
  • The final report for the fourth quarter of 2023 will be published on February 1, 2024 at 07.30 CET.

Munters breaks ground on state-of-the-art facility in the US

Retrieved on: 
Wednesday, October 25, 2023
Senior, Humidity, Workforce, Investment, Electricity, Temperature, Central business district, Carl Munters

The 430,000 ft.2 (~ 40,000 m2) flagship facility is being built in Amesbury, Massachusetts, and will be home to the local Munters workforce.

Key Points: 
  • The 430,000 ft.2 (~ 40,000 m2) flagship facility is being built in Amesbury, Massachusetts, and will be home to the local Munters workforce.
  • "With this new facility, Munters is making important investments in our global footprint, and in our growing markets.
  • And our colleagues, customers and the city will all benefit from our Net Zero initiatives with the new facility."
  • I look forward to Munters opening the doors to this new state-of-the-art facility and wish them continued success."

Desiccant Dehumidifier Market Predicted to Hit $749M by 2028 Amidst Construction & Industrial Surge. - ResearchAndMarkets.com

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Friday, September 22, 2023
HVAC, Construction & Property, Building Systems, Manufacturing, Construction, Medication, The Classic Marvel Figurine Collection, Mount, Energy, Business analyst, USD, Government, Incentive, Degradation, Growth, Commercial, Region, Project delivery method, Food, Carl Munters, Heating, ventilation, and air conditioning, Renewable energy, Adhesive, Electronics, Chemical substance

The "Global Desiccant Dehumidifier Market by Product Type (Fixed or Mounted Desiccant Dehumidifier, Portable Desiccant Dehumidifier), Application (Energy, Food and Pharmaceutical, Electronics, Chemical, Construction), End User & Region - Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Desiccant Dehumidifier Market by Product Type (Fixed or Mounted Desiccant Dehumidifier, Portable Desiccant Dehumidifier), Application (Energy, Food and Pharmaceutical, Electronics, Chemical, Construction), End User & Region - Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
  • The global desiccant dehumidifier market is on an upward trajectory, with a projected market size of USD 749 million by 2028, up from USD 578 million in 2023.
  • These include the increasing adoption of desiccant dehumidifiers across various industries, government regulatory policies promoting clean energy solutions, and growing construction activities.
  • China and Fixed or Mounted Desiccant Dehumidifiers Held Largest Shares of Desiccant Dehumidifier Market in 2022.

By 2028, Clean Energy Policies Set to Amplify Global Desiccant Dehumidifier Market Growth

Retrieved on: 
Thursday, September 14, 2023
Construction, Medication, The Classic Marvel Figurine Collection, Mount, Energy, Business analyst, USD, Government, Incentive, Degradation, Growth, Commercial, Region, Project delivery method, Food, Carl Munters, Heating, ventilation, and air conditioning, Renewable energy, Adhesive, Electronics, Chemical substance

DUBLIN, Sept. 14, 2023 /PRNewswire/ -- The "Global Desiccant Dehumidifier Market by Product Type (Fixed or Mounted Desiccant Dehumidifier, Portable Desiccant Dehumidifier), Application (Energy, Food and Pharmaceutical, Electronics, Chemical, Construction), End User & Region - Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Sept. 14, 2023 /PRNewswire/ -- The "Global Desiccant Dehumidifier Market by Product Type (Fixed or Mounted Desiccant Dehumidifier, Portable Desiccant Dehumidifier), Application (Energy, Food and Pharmaceutical, Electronics, Chemical, Construction), End User & Region - Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
  • The global desiccant dehumidifier market is on an upward trajectory, with a projected market size of USD 749 million by 2028, up from USD 578 million in 2023.
  • These include the increasing adoption of desiccant dehumidifiers across various industries, government regulatory policies promoting clean energy solutions, and growing construction activities.
  • However, it's worth noting that the initial high cost of desiccant dehumidifiers remains a limitation to market growth.

Munters signs an agreement to acquire ZECO and strengthens its market position in India

Retrieved on: 
Friday, May 3, 2024
EU, FY, Airtech Canada, Acquisition, Growth, MTRS, Pharmaceutical industry, Carl Munters

STOCKHOLM, Sept. 4, 2023 /PRNewswire/ -- Munters Group (MTRS), a global leader in energy-efficient air treatment and climate control solutions, has signed an agreement to acquire ZECO, an Indian manufacturer of air treatment solutions for an estimated enterprise value of MSEK 790.

Key Points: 
  • The Indian market for dehumidification solutions is characterized by attractive market fundamentals with solid growth in Munters prioritized industrial segments of Battery, Food processing and Pharma.
  • The combined offering of Munters and ZECO positions Munters to grow with market leading products and complete solution sales.
  • "ZECO is an excellent addition to Munters and constitutes an important step in developing our dehumidification business in India.
  • I am very pleased to announce this agreement which supports Munters growth journey," says Klas Forsström, President and CEO of Munters.

Munters receives major order for colocation data center

Retrieved on: 
Friday, June 30, 2023
MUSD, EU, MTRS, Cryptocurrency, Central business district, Carl Munters

The order received is from a US-based colocation data center company for chilled water air handlers.

Key Points: 
  • The order received is from a US-based colocation data center company for chilled water air handlers.
  • Munters Group (MTRS), a global leader in energy-efficient air treatment and climate control solutions, has received this major order from a US-based colocation data center company for chilled water air handlers at approximately MUSD 88.
  • "This highlights our strong position as a trusted partner in the growing and transforming market of data center cooling.
  • This major order, after several others, reconfirms the opportunity, strategic rationale and success we envisioned a year ago when the data center part of Munters became an own Business Area," says Klas Forsström, President and CEO of Munters.

Strong underlying demand, organic net sales growth with solid cash flow generation - Munters Group

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Thursday, February 9, 2023
Software as a service, Automation, Pig, Digital Solutions, Carl Munters, Investment, Farm, Czech Republic, ID, Acquisition, DCT, Webcast, Research, Climate, Growth, EBITA, Climate Solutions Caucus, Retail, Risk management, Online shopping, Video game, Airtech Canada

AirTech and DCT had strong organic net sales growth, whereas FoodTech had a flat development with growth in the US, offset by weak development in EMEA and China.

Key Points: 
  • AirTech and DCT had strong organic net sales growth, whereas FoodTech had a flat development with growth in the US, offset by weak development in EMEA and China.
  • AirTech and DCT had strong organic net sales growth, whereas FoodTech had a flat development with growth in US, offset by weakened market in China.
  • Cash flow from changes in working capital had a negative impact of MSEK -84 (-175) mainly driven by the strong order intake.
  • As I look back at 2022, I am very proud of the record order intake, strong net sales and the cash flow we have achieved.

Global and Regional Data Center Cooling Market Analysis and Forecasts, 2022-2027 - Water Usage Effectiveness Driving Adoption of Alternate Cooling Solutions Bolstering Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 18, 2023
Hardware, Data Management, Other Technology, Technology, Software, Name, Temperature, Humidity, Country, Region, AI, University College Dublin, Artificial intelligence, Water, Growth, University college, University, Schneider Electric, Acquisition, Medical device, Heating, ventilation, and air conditioning, Carl Munters

The growth in the global data center cooling market is expected to be driven by the increasing number of data centers and government initiatives for energy-efficient data centers.

Key Points: 
  • The growth in the global data center cooling market is expected to be driven by the increasing number of data centers and government initiatives for energy-efficient data centers.
  • The need to address the water scarcity issue has further resulted in the adoption of data center cooling technologies.
  • Hence, the need of the hour is to accommodate innovative data center cooling systems in retrofits or newly built data centers.
  • Data center cooling involves the collective equipment, tools, techniques, systems, and processes that ensure standard temperatures and humidity levels inside a data center facility.

Global Data Center Cooling Market to Reach $44.52 Billion by 2027 - Exclusive DeepTech M-A-PTM Analysis by BIS Research

Retrieved on: 
Wednesday, December 21, 2022
University College Dublin, Telecommunication, Submers, ALFA, BIS, IOT, Black box, Schneider Electric, Name, Health, Condair Group, FUJITSU, Insurance, University college, BFSI, Government, Trane, Information technology, Center for Urban and Regional Analysis, DCIM, Artificial intelligence, Public sector, Research, Acquisition, University, Heating, ventilation, and air conditioning, Lithium, Renewable energy, Carl Munters

FREMONT, Calif., Dec. 21, 2022 /PRNewswire/ -- BIS Research, the global leader in providing market intelligence on deep technologies, has released its latest study titled Data Center Cooling Market - A Global and Regional Analysis.

Key Points: 
  • FREMONT, Calif., Dec. 21, 2022 /PRNewswire/ -- BIS Research, the global leader in providing market intelligence on deep technologies, has released its latest study titled Data Center Cooling Market - A Global and Regional Analysis.
  • According to this study, the global data cooling center market was valued at $17.82 billion in 2021 and is projected to reach $44.52 billion by 2027.
  • According to Debraj Chakraborty, Principal Analyst, BIS Research, "With the emerging data center cooling technologies, there are opportunities to emphasize retrofitting data centers.
  • Speak to our analysts
    Exclusive DeepTechTM MAP Analysis for Data Center Cooling by BIS Research: