Munters Group Ab · OMXSTO:MTRS
Munters Group Ab — Investor Day (March 2024)
16 slides from Munters Group Ab's investor day presentation, March 2024
Slide 1: Data Center Technologies - ahead of the curve
Data Center Technologies - ahead Carnegie ofseminar, Capital goods theMarch curve 2024 Stefan Aspman, President DCT and GVP Munters Group Stefan Aspman, President DCT & GVP Capital Markets Day 2024
Slide 2: Retrospect from CMD 2022
Retrospect from CMD 2022 Key figures at the time* ~ 355 13% 2 1,401 Employees (FTEs) of Group Net Sales factories Total Net Sales (MSEK) 6% 84 Adjusted EBITA Margin Adjusted EBITA (MSEK) Only air cooling Prioritized areas communicated at the CMD: Making the trend our Growing Production friend Capaci
Slide 3: DCT's development so far
DCT´s development so far 707 27% 3 3,712* 2X DCT team members ~ 355 13% 2 1,401 3X production capacity Employees (FTEs) of Group Net Sales factories Total Net Sales (MSEK) >2x Revenue >3x profit margin 16.7%* 619* Air AND Liquid >7x EBITA value 6% 84 Adjusted EBITA margin Adjusted EBITA (MSEK) Only
Slide 4: DCT – high level snapshot
DCT – high level snapshot Key figures Q1 2024 Customer distribution order intake Q1 2024 707 27% 19% 3 1% full time of Group Net adj. EBITA margin production Colocator employees Sales locations Hyperscaler Telco & enterprises Growth & Profitability 99% 20 8,000 15.2% 16.7% Regional distribution Q1 2
Slide 5: What we do
What we do we enable digital transformation by engineering cutting-edge cooling solutions for data centers worldwide What we do we enable digital transformation by engineering cutting-edge cooling solutions 5 for data centers worldwide.
Slide 6: The basic steps of cooling and heat rejection
The basics steps | of cooling and heat rejection 1. DISSIPATION 2. CAPTURE 3. TRANSFER 4. RELEASE INSIDE THE (INSIDE THESERVER SERVER) INSIDE THE(INSIDE DATA CENTER THE DC) THROUGH INFRASTRUCTURE OUTSIDE (OUTSIDE THE DC) Heat sinks, on-board fans or Heat Is captured by air flow, Air, water or other
Slide 7: Innovative solutions and our project model are key
Innovative solutions and our project model are key Based on a broad set of technology platforms, we tailor to optimize energy efficiency and reduce environmental impact for each unique project. Tailored, adaptable, sustainable. Components Products Complete Systems Services Sold to OEMs Typically sol
Slide 8: DCT Footprint
DCT Footprint Carrigaline & Newmarket, Ireland Selma, Texas @ Production site
Slide 9: Underlying demand and growth drivers
Underlying demand and growth drivers 1. 2. 3. Digitalization propels Cloud computing AI is the catalyst forward as an continues to be the accelerating unstoppable force bedrock of digital digitalization transformation
Slide 10: Customer pain points and challenges
Customer pain points and challenges 1. 2. 3. Expansion challenges Pressure on Water scarcity is due to grid restrictions Sustainability increase diminishing the and power constrains as regulations tighten acceptance of Evaporative cooling
Slide 11: Customer Challenges
Munters DCT benefit from both sides Customer growth drivers • Different sizes and location of DC´s • Split systems for urban areas with less space • Edge computing and low latency requirements The most energy efficient waterless split system on the planet • More mega campuses to be built, opportunit
Slide 12: A new computing era
A new computing era “A new computing era has begun. Companies worldwide are transitioning from general-purpose to accelerated computing and generative AI” Jensen Huang, founder and CEO of NVIDIA
Slide 13: Air Cooling / Liquid Cooling
Air Cooling Liquid Cooling
Slide 14: Total market growth and our addressable market
Total market growth and our addressable market Cooling approximately 10-15% of total DC Growth rate according to industry CAPEX – with a higher price point for sources liquid cooling due to complexity 13,5 12,3 11,3 11,6 Other 10,5 10,7 10,9 Electrical 10,0 Ø 11.1 9,2 Cooling Infrastructure Liquid C
Slide 15: Market growth
Market growth 0% MARKET CAGR SPREAD >25% TOTAL ADDRESSABLE MARKET Niche General Niche Heat rejection CURRENTLY ADRESSABLE Munters DCT Portfolio DCT 2023 <4 BSEK SyCool in Liquid cooling Evaporative Air handling CRAC´s Modular Different evaporators, Cooling Units Chilled Wall sizes Liquid-to-liquid H
Slide 16: Key messages – what will set the agenda moving forward
Key messages – what will set the agenda moving forward AI & Cloud Growth Power density Energy AI driving growth while the cloud Increased power density Energy - in several aspects - is still the foundation for digital influences our technology and affects our positioning and infrastructure, and we a