Munters rises after Q1 sales, EBITDA beat

Munters AB

29/04/2025 08:43

** Shares in Swedish provider of energy efficient air treatment Munters MTRS.ST rise 9.5% after Q1 sales, EBITDA beat

** Munters reported Q1 net sales at SEK 3,714 million  ($386.36 million), up 18% year-on-year, and 4% above Jefferies consensus

** Hike was driven by Data Center Technologies (DCT) and FoodTech segment, Jefferies analysts say

** The broker flags also that Q1 EBITDA came up 6% yoy, and 14% above analysts' consensus

** "Munters reported a strong start to the year" - Jefferies

** Up to the previous session's close, shares were down 40.7%​ YTD

($1 = 9.6128 Swedish crowns)

 (Reporting by Agnieszka Olenska)

 ((Agnieszka.Olenska@thomsonreuters.com;))