Munters Group AB (publ) (STO:MTRS)

Munters Group AB Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	14,712	13,587	13,930	10,386	7,348
Revenue Growth (YoY)	8.28%	-2.46%	34.12%	41.34%	4.75%
Cost of Revenue	10,091	8,795	9,508	7,368	4,994
Gross Profit	4,621	4,792	4,422	3,018	2,354
Selling, General & Admin	2,845	2,564	2,387	1,879	1,400
Research & Development	487	408	360	236	162
Other Operating Expenses	-30	-20	19	-4	-6
Operating Expenses	3,302	2,952	2,766	2,111	1,556
Operating Income	1,319	1,840	1,656	907	798
Interest Expense	-403	-365	-317	-124	-62
Interest & Investment Income	38	45	26	7	2
Earnings From Equity Investments	-3	-12	-8	-2	-
Currency Exchange Gain (Loss)	1	19	-25	21	19
Other Non Operating Income (Expenses)	-60	-45	-43	-36	-39
EBT Excluding Unusual Items	892	1,482	1,289	773	718
Merger & Restructuring Charges	-77	-94	-34	-58	-110
Gain (Loss) on Sale of Assets	-	-	-	24	-
Pretax Income	815	1,388	1,255	739	669
Income Tax Expense	253	434	463	162	153
Earnings From Continuing Operations	562	954	792	577	516
Earnings From Discontinued Operations	-444	66	-	-	-
Net Income to Company	118	1,020	792	577	516
Minority Interest in Earnings	-12	-47	-8	-	-3
Net Income	106	973	784	577	513
Net Income to Common	106	973	784	577	513
Net Income Growth	-89.11%	24.11%	35.88%	12.48%	22.14%
Shares Outstanding (Basic)	183	183	182	182	182
Shares Outstanding (Diluted)	183	183	182	182	183
Shares Change (YoY)	0.00%	0.14%	0.19%	-0.34%	0.55%
EPS (Basic)	0.58	5.33	4.30	3.17	2.82
EPS (Diluted)	0.58	5.33	4.30	3.17	2.81
EPS Growth	-89.11%	23.96%	35.65%	12.81%	21.46%
Free Cash Flow	988	1,622	743	550	381
Free Cash Flow Per Share	5.41	8.89	4.08	3.02	2.09
Dividend Per Share	1.600	1.600	1.300	0.950	0.850
Dividend Growth	-	23.08%	36.84%	11.77%	21.43%
Gross Margin	31.41%	35.27%	31.74%	29.06%	32.04%
Operating Margin	8.96%	13.54%	11.89%	8.73%	10.86%
Profit Margin	0.72%	7.16%	5.63%	5.56%	6.98%
Free Cash Flow Margin	6.72%	11.94%	5.33%	5.30%	5.18%
EBITDA	1,682	2,141	1,874	1,089	921
EBITDA Margin	11.43%	15.76%	13.45%	10.48%	12.53%
D&A For EBITDA	363	301	218	182	123
EBIT	1,319	1,840	1,656	907	798
EBIT Margin	8.96%	13.54%	11.89%	8.73%	10.86%
Effective Tax Rate	31.04%	31.27%	36.89%	21.92%	22.87%

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