New Risk • Jun 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (92% net debt to equity). Share price has been volatile over the past 3 months (8.2% average weekly change). Profit margins are more than 30% lower than last year (3.3% net profit margin). Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €15.18, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 17x in the Building industry in Europe. Total returns to shareholders of 54% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €17.86 per share. 공시 • Jun 04
Munters Group AB (publ) (OM:MTRS) acquired OPTIfarm Ltd. Munters Group AB (publ) (OM:MTRS) acquired OPTIfarm Ltd. on June 3, 2026. The acquisition strengthens the offering of operational intelligence solutions from Speria, the commercial brand for Munters FoodTech business area.
Munters Group AB (publ) (OM:MTRS) completed the acquisition of OPTIfarm Ltd. on June 3, 2026. 공시 • May 22
Munters Group AB (Publ) Announces Executive Changes, Effective October 24, 2026 Munters Group AB (publ) appointed Frank Pellegrino as Group Vice President and President of business area Data Center Technologies (DCT), and member of Munters Group Executive Management, effective October 24, 2026. He succeeds Stefan Aspman, who on the same date will assume the position as President and CEO of Munters Group, as previously announced. Frank Pellegrino has been with Munters for more than 13 years and has played a central role in building the data center business since its inception in 2016. He has been part of the DCT management team since the business area was introduced in 2022 and has held several senior leadership positions, including VP Finance & Strategy and most recently Global Head of Sales & Strategy. Frank has been instrumental in scaling DCT into a global business -- expanding its geographic footprint, strengthening its offering, and driving a customer-centric approach with strong deployment discipline in portfolio and commercial execution. Over the past four years, DCT has delivered a remarkable step-change in performance across revenue growth, delivery capability, profitability, and capital efficiency, built on clear strategic priorities and close customer proximity. Frank Pellegrino, born in 1980, is an American citizen. He holds a Master of Science from Bryant University, with a focus on business and finance. Frank has worked closely with Stefan Aspman for the past four years, ensuring strong continuity in both leadership and strategic direction as the business continues to scale. In addition to his operational responsibilities, Frank serves on several boards across Munters international operations, spanning Europe, Asia, North and South America. Declared Dividend • May 21
Dividend of kr0.80 announced Shareholders will receive a dividend of kr0.80. Ex-date: 4th November 2026 Payment date: 10th November 2026 Dividend yield will be 4.8%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 23% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 199% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 공시 • May 09
Munters Group AB Launches Speria as Commercial Brand for FoodTech Business Munters Group AB launched Speria, a new commercial brand for its FoodTech business area. Speria brings together FoodTech's technologies, software, and services into one connected offering, strengthening its capabilities as a global end-to-end technology and services partner across the food supply chain. Speria delivers operational intelligence solutions for food systems, helping producers and integrators run more efficient, predictable, and productive operations. Speria builds on Munters' role inside mission-critical operations, where controllers, sensors, and gateways run and monitor farm-level operations, capturing real-time data directly from operations. This data is sent to optimization software and expert services that plan and coordinate operations across the supply chain. Together, these capabilities connect planning, execution, and performance, turning fragmented data into clear, prioritized guidance and impact. FoodTech currently operates through five brands: MTech Systems for supply chain optimization software, and four differentiated controller brands, Hotraco, Rotem, InoBram and AEI. With the launch of Speria, FoodTech's products and brands will be brought closer together to enable a more connected and unified offering. Over time, MTech Systems will transition into Speria. Speria will also serve as the commercial brand for integrated offerings, meaning solutions that combine products and services from more than one brand. The four controller brands will continue to operate as product brands under the Speria umbrella. What customers buy and the teams they work with in Munters FoodTech does not change. There are no changes to the legal structure, governance, or customer agreements as part of this launch. 
