Munters Group AB (MTRS) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Warm welcome to today's presentation of Muntters Q2 results 2025. My name is Lina Duvan and I'm Head of Investor Relations, joined here by our CEO Claes Forsström and our CFO Katarina Fischer. So we will, as always, start with a presentation from Claes and Katarina, and then we will open up for Q&As at the end. If you are listening to the webcast, I will remind you that you can ask questions throughout the presentation, and we will address them at the end. So, Claes, please go ahead. Thank you, Lina, and good morning. Let me open up with some opening remarks and a few words about a quarter that has passed. a solid quarter, really showing our capabilities. And I feel that we deliver growth across all business areas, generating an order intake growth of 22% and an overall robust margin of 13.6. Both data center technology and food tech delivers on all aspects, and Airtek takes a step forward as planned. Extra pleasing to see that is that our latest M&As are delivering growth and profit really from day one. Foodtech has now repositioned their portfolio from an equipment driven company to a 100% software and control and IoT driven entity. A portfolio shift that I feel is quite unique. The data center market is strong and I entered the second half of 2025 with a strong comfort in our offering and having a market that also show robust strength. The quarter also showed continued delivery on our operating working capital, now clearly down below the target of 10%. So if that was the very high level, let us move into the details then. As I said, solid growth and a robust margin. increased order intake, steady net sales growth and the robust profitability. And to go into some more details here, 22% growth order intake with a 10% headwind in currency. Organically 12% and structu...