Munters Group AB MTRS

Munters Group AB (MMNNF) reports robust demand and sustainability progress, despite facing currency headwinds and margin pressures.

Munters Group (OM:MTRS) is back on investor radars after its Data Center Technologies unit secured an order of about BSEK 2.0 for AI focused cooling solutions from a US colocation provider. See our latest analysis for Munters Group. At a share price of SEK197.05, Munters Group has recently seen strong momentum, with a 30 day share price return of 21.41% and a 1 year total shareholder return of 80.53%. This suggests investors are reacting positively to contracts such as this large AI focused...

Munters business area Data Center Technologies (DCT) has received an order worth appr. BSEK 2.0 from a colocation data center provider in the US. The order includes custom-designed high capacity CDUs (coolant distribution units) and over the rack CRAHs (computer room air handlers) with deliveries expected to start in early 2027 and extend through the first quarter of 2028.

Divestment of the FoodTech Equipment offering has been completed. The comments and figures in this report refer to continuing operations unless otherwise stated. For more information, see pages 17-18.

The United States Carpet Market is projected to expand from US$ 21.33 billion in 2024 to US$ 32.97 billion by 2033, growing at a CAGR of 4.96%. Key growth drivers include increased residential renovations, a surge in commercial infrastructure, and a demand for eco-friendly and stain-resistant carpets. Innovation in material and design also boosts market growth. The market faces challenges like increased preference for hard surface flooring and maintenance issues. Despite these, carpets remain a