Munters: Interim report - Second quarter, April - June 2010

An important milestone in Munters' development * Munters signed an agreement to divest its MCS division, which is therefore reported on separate lines as discontinued operations. The deal value amounts to around SEK 1,300 M and estimated impact on net profit after tax is approximately SEK 650 M in quarter 3 when the deal is closed * Order intake for continuing operations amounted to SEK 1,029 M (1,029), up 6% adjusted.[1] * Net sales for continuing operations totaled SEK 910 M (1,013), down 5% adjusted[1] * EBIT for continuing operations before nonrecurring items amounted to SEK 87 M (86), up 7% adjusted[1] * Operating cash flow from continuing operations amounted to SEK 60 M (153) * Net earnings after tax for the period for continuing operations totaled SEK 57 M (47) * Earnings per share for continuing operations amounted to SEK 0.77 (0.64) * Net sales including discontinued operations amounted to SEK 1,566 M (1 694). EBIT including discontinued operations amounted to SEK 113 M (86) [1]Adjusted for currency effects For more information, please contact: Lars Engström, Chief Executive Officer Tel: +46 8 626 63 03 Martin Lindqvist, CFO Tel +46 8 626 63 06 Andreas Olofsson, VP Corp. Communications Tel +46 8 626 54 08 This press release is also available on 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 NASDAQ OMX Stockholm, Mid Cap. For more information please [HUG#1433506] 2010 Q2 Apr-Jun: This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Munters AB via Thomson Reuters ONE