Munters Group AB (publ) (FRA:1MS)

Munters Group AB Income Statement

Financials in millions SEK. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	16,013	15,453	13,930	10,386	7,348	7,015
Revenue Growth (YoY)	15.13%	10.93%	34.12%	41.34%	4.75%	-1.93%
Cost of Revenue	10,557	10,131	9,508	7,368	4,994	4,665
Gross Profit	5,456	5,322	4,422	3,018	2,354	2,350
Selling, General & Admin	3,106	2,958	2,387	1,879	1,400	1,356
Research & Development	487	454	360	236	162	186
Other Operating Expenses	-37	-25	19	-4	-6	-21
Operating Expenses	3,556	3,387	2,766	2,111	1,556	1,521
Operating Income	1,900	1,935	1,656	907	798	829
Interest Expense	-386	-368	-317	-124	-62	-130
Interest & Investment Income	49	49	26	7	2	1
Earnings From Equity Investments	-10	-12	-8	-2	-	-
Currency Exchange Gain (Loss)	16	16	-25	21	19	-22
Other Non Operating Income (Expenses)	-41	-41	-43	-36	-39	-16
EBT Excluding Unusual Items	1,528	1,579	1,289	773	718	662
Merger & Restructuring Charges	-94	-94	-34	-58	-110	-124
Gain (Loss) on Sale of Assets	-	-	-	24	-	6
Other Unusual Items	-	-	-	-	-	8
Pretax Income	1,434	1,485	1,255	739	669	552
Income Tax Expense	450	465	463	162	153	120
Earnings From Continuing Operations	984	1,020	792	577	516	432
Earnings From Discontinued Operations	-336	-	-	-	-	-6
Net Income to Company	648	1,020	792	577	516	426
Minority Interest in Earnings	-42	-47	-8	-	-3	-6
Net Income	606	973	784	577	513	420
Net Income to Common	606	973	784	577	513	420
Net Income Growth	-23.10%	24.11%	35.88%	12.48%	22.14%	-
Shares Outstanding (Basic)	183	183	182	182	182	182
Shares Outstanding (Diluted)	183	183	182	182	183	182
Shares Change (YoY)	0.09%	0.14%	0.19%	-0.34%	0.55%	-0.23%
EPS (Basic)	3.32	5.33	4.30	3.17	2.82	2.31
EPS (Diluted)	3.32	5.33	4.30	3.17	2.81	2.31
EPS Growth	-23.04%	23.95%	35.65%	12.81%	21.46%	-
Free Cash Flow	2,359	2,367	1,066	550	381	845
Free Cash Flow Per Share	12.92	12.97	5.85	3.02	2.09	4.65
Dividend Per Share	1.600	1.600	1.300	0.950	0.850	0.700
Dividend Growth	23.08%	23.08%	36.84%	11.77%	21.43%	-
Gross Margin	34.07%	34.44%	31.74%	29.06%	32.04%	33.50%
Operating Margin	11.87%	12.52%	11.89%	8.73%	10.86%	11.82%
Profit Margin	3.78%	6.30%	5.63%	5.56%	6.98%	5.99%
Free Cash Flow Margin	14.73%	15.32%	7.65%	5.30%	5.18%	12.05%
EBITDA	2,277	2,263	1,874	1,089	921	988
EBITDA Margin	14.22%	14.64%	13.45%	10.48%	12.53%	14.08%
D&A For EBITDA	377	328	218	182	123	159
EBIT	1,900	1,935	1,656	907	798	829
EBIT Margin	11.87%	12.52%	11.89%	8.73%	10.86%	11.82%
Effective Tax Rate	31.38%	31.31%	36.89%	21.92%	22.87%	21.74%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.