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Investing.com -- Swedish industrial group Munters Group AB (ST:MTRS) reported mixed results for the second quarter of 2025, with performance varying across metrics.
Net sales came in at SEK 3,606 million, falling 3% short of consensus, largely due to a 12% year-on-year decline in AirTech.
Despite the sales miss, adjusted EBITA beat expectations by 2%, reaching SEK 491 million. This was supported by continued strength in Data Center Technologies (DCT), where margins held firm at 21%.
Order intake stood out as a key positive, rising 22% year-on-year to SEK 3,666 million, 5% above estimates, driven by robust DCT demand and a solid showing in FoodTech.
AirTech’s EBITA margin reached 7.4%, topping the 6.7% consensus despite pressure from lower volumes, product mix, and dual-site costs.
Looking ahead, Management reaffirmed that cost-saving efforts remain on track, with a gradual recovery in AirTech margins expected through the rest of the year.
"We expect a neutral to slightly positive share price reaction in today’s session, supported by margin outperformance and strong order momentum," Jefferies analysts said in a note.
Munters shares were down 1.1% by 07:19 GMT.