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Munters Group — M&A Activity 2010
Sep 8, 2010
2945_rns_2010-09-08_035d0ee0-a051-4587-ae8a-fd7a8f5b9d5e.pdf
M&A Activity
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Press release
September 8, 2010, 8.00 AM CET
Munters discloses information regarding order intake
For the purpose of providing the shareholders of Munters AB (publ) ("Munters" or the "Company") with as updated information as possible when evaluating the public offer from Alfa Laval AB (publ) for the shares of Munters (the "Offer"), the Company considers it appropriate to disclose information regarding the order intake for June, July and August 2010.
During the end of the second quarter and during the third quarter 2010, Munters has noticed an increased demand for its products, which has resulted in an increased order intake. Compared to the same month previous year, the order intake increased by 18 percent in June, 22 percent in July and 25 percent in August.1
The turn is evident in both product divisions. Compared to the same month previous year, HumiCool has shown increased order intake every single month during the past six months up to and including August. Dehumidification has shown increased order intake during the past three months.
The Board of Directors of Munters believes that the order intake will affect invoicing and earnings for the current year positively.
1 Adjusted for currency effects.
For further information, please contact:
Anders Ilstam, Chairman of the Board of Directors Tel: +46 (0)70 630 76 02
Lars Engström, CEO, Member of the Board of Directors Tel: +46 (0)8 626 63 03
Munters AB discloses the information provided herein pursuant to the Securities Market Act and / or the Financial Instruments Trading Act. The information was submitted for publication on 8 September 2010 at 8.00 AM.
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 insurance-, utilities-, food- and pharma industries. Manufacturing and sales are carried out via the Group's own companies in more than 30 countries. The Group has close to 4,000 employees and net sales of about SEK 6.5 billion. The Munters share is listed on OMX Nordic Exchange Stockholm, Mid Cap.
For more information please visit www.munters.com.
Chairman of the Board of Directors Anders Ilstam
Tel: +46 (0)8 626 63 03 [email protected]
Adress Munters AB (publ) Isafjordsgatan 1, Kista Entré P.O. Box 1188
S-164 26 Kista Sweden
2010-09-08 | Munters AB | Org. No. 556041-0606 1[1]