Munters Group AB (publ) (STO: MTRS)

Munters Group AB Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	14,548	13,930	10,386	7,348	7,015	7,153
Revenue Growth (YoY)	17.65%	34.12%	41.34%	4.75%	-1.93%	11.56%
Cost of Revenue	9,612	9,508	7,368	4,994	4,665	4,822
Gross Profit	4,936	4,422	3,018	2,354	2,350	2,331
Selling, General & Admin	2,631	2,387	1,879	1,400	1,356	1,580
Research & Development	418	360	236	162	186	197
Other Operating Expenses	-7	19	-4	-6	-21	-1
Operating Expenses	3,042	2,766	2,111	1,556	1,521	1,776
Operating Income	1,894	1,656	907	798	829	555
Interest Expense	-356	-317	-124	-62	-130	-174
Interest & Investment Income	26	26	7	2	1	7
Earnings From Equity Investments	-13	-8	-2	-	-	-
Currency Exchange Gain (Loss)	-25	-25	21	19	-22	2
Other Non Operating Income (Expenses)	-41	-43	-36	-39	-16	-23
EBT Excluding Unusual Items	1,485	1,289	773	718	662	367
Merger & Restructuring Charges	-34	-34	-58	-110	-124	-
Gain (Loss) on Sale of Assets	-	-	24	-	6	-
Other Unusual Items	-	-	-	-	8	-
Pretax Income	1,451	1,255	739	669	552	367
Income Tax Expense	560	463	162	153	120	83
Earnings From Continuing Operations	891	792	577	516	432	284
Earnings From Discontinued Operations	-	-	-	-	-6	-448
Net Income to Company	891	792	577	516	426	-164
Minority Interest in Earnings	-29	-8	-	-3	-6	-2
Net Income	862	784	577	513	420	-166
Net Income to Common	862	784	577	513	420	-166
Net Income Growth	11.51%	35.88%	12.48%	22.14%	-	-
Shares Outstanding (Basic)	182	182	182	182	182	182
Shares Outstanding (Diluted)	182	182	182	183	182	182
Shares Change (YoY)	0.14%	0.19%	-0.34%	0.55%	-0.23%	-0.65%
EPS (Basic)	4.72	4.30	3.17	2.82	2.31	-0.91
EPS (Diluted)	4.72	4.30	3.17	2.81	2.31	-0.91
EPS Growth	11.25%	35.65%	12.81%	21.46%	-	-
Free Cash Flow	2,063	743	550	381	845	551
Free Cash Flow Per Share	11.30	4.08	3.02	2.09	4.65	3.03
Dividend Per Share	1.300	1.300	0.950	0.850	0.700	-
Dividend Growth	36.84%	36.84%	11.76%	21.43%	-	-
Gross Margin	33.93%	31.74%	29.06%	32.04%	33.50%	32.59%
Operating Margin	13.02%	11.89%	8.73%	10.86%	11.82%	7.76%
Profit Margin	5.93%	5.63%	5.56%	6.98%	5.99%	-2.32%
Free Cash Flow Margin	14.18%	5.33%	5.30%	5.19%	12.05%	7.70%
EBITDA	2,158	1,874	1,089	921	988	767
EBITDA Margin	14.83%	13.45%	10.49%	12.53%	14.08%	10.72%
D&A For EBITDA	264	218	182	123	159	212
EBIT	1,894	1,656	907	798	829	555
EBIT Margin	13.02%	11.89%	8.73%	10.86%	11.82%	7.76%
Effective Tax Rate	38.59%	36.89%	21.92%	22.87%	21.74%	22.62%

Source: S&P Capital IQ. Standard template. Financial Sources.