Munters Group AB (publ)

BATS-CHIXE:MTRSS Stock Report

Market Cap: SEK 34.0b

Munters Group Management

Management criteria checks 2/4

Munters Group's CEO is Klas Forsstrom, appointed in Aug 2019, has a tenure of 5.42 years. total yearly compensation is SEK19.68M, comprised of 41.3% salary and 58.7% bonuses, including company stock and options. directly owns 0.087% of the company’s shares, worth SEK29.51M. The average tenure of the management team and the board of directors is 2 years and 2.7 years respectively.

Key information

Klas Forsstrom

Chief executive officer

SEK 19.7m

Total compensation

CEO salary percentage41.3%
CEO tenure5.4yrs
CEO ownership0.09%
Management average tenure2yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Klas Forsstrom's remuneration changed compared to Munters Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

SEK 865m

Jun 30 2024n/an/a

SEK 862m

Mar 31 2024n/an/a

SEK 788m

Dec 31 2023SEK 20mSEK 8m

SEK 784m

Sep 30 2023n/an/a

SEK 858m

Jun 30 2023n/an/a

SEK 773m

Mar 31 2023n/an/a

SEK 687m

Dec 31 2022SEK 15mSEK 8m

SEK 577m

Sep 30 2022n/an/a

SEK 582m

Jun 30 2022n/an/a

SEK 544m

Mar 31 2022n/an/a

SEK 457m

Dec 31 2021SEK 15mSEK 7m

SEK 513m

Sep 30 2021n/an/a

SEK 549m

Jun 30 2021n/an/a

SEK 574m

Mar 31 2021n/an/a

SEK 529m

Dec 31 2020SEK 17mSEK 7m

SEK 426m

Sep 30 2020n/an/a

SEK 334m

Jun 30 2020n/an/a

SEK 270m

Mar 31 2020n/an/a

SEK 335m

Dec 31 2019SEK 14mSEK 3m

SEK 282m

Compensation vs Market: Klas's total compensation ($USD1.77M) is below average for companies of similar size in the UK market ($USD2.97M).

Compensation vs Earnings: Klas's compensation has increased by more than 20% in the past year.

CEO

Klas Forsstrom (57 yo)

5.4yrs

Tenure

SEK 19,680,000

Compensation

Mr. Klas Forsstrom has been the President and Chief Executive Officer at Munters Group AB (publ) since August 12, 2019. Mr. Forsstrom served as the President of AirTech at Munters Group AB (publ) since Apr...

Leadership Team

NamePositionTenureCompensationOwnership
Klas Forsstrom
President & CEO5.4yrsSEK 19.68m0.087%
SEK 29.5m
Katharina Fischer
Group VP & CFO2yrsno data0.00082%
SEK 278.6k
Line Dovarn
Head of Investor Relationsless than a yearno datano data
Kaspar Kirchmann
Group Vice President of Legal & Counselless than a yearno datano data
Susann Johnsson
Group Vice President of Communications & Brandless than a yearno datano data
Grete Stoltz
Group Vice President of HR & Sustainability3.3yrsno data0.00041%
SEK 139.3k
Ann-Sofi Jönsson
Executive Officerless than a yearno datano data
Stefan Mahl
Group VP and Head of Business Excellence & IT5yrsno data0.015%
SEK 4.9m
Pia Linder
Group VP & President of FoodTech4.4yrsno data0.0026%
SEK 866.3k
Stefan Aspman
Group VP & President of Data Center Technologies2yrsno data0.0022%
SEK 744.0k
Henrik Teiwik
Group VP & President for AirTech2.4yrsno data0.0043%
SEK 1.5m
Andrew Cook
Senior Vice President of AirTech Americasno datano datano data

2.0yrs

Average Tenure

52.5yo

Average Age

Experienced Management: MTRSS's management team is considered experienced (2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Magnus Nicolin
Chairman of the Board2.7yrsSEK 1.41m0.011%
SEK 3.7m
Ingrid Fasth-Gillstedt
Independent Director7.9yrsSEK 717.00k0.0027%
SEK 930.8k
Kristian Sildeby
Director7.7yrsSEK 739.00k0.0066%
SEK 2.2m
Robert Wahlgren
Employee Representative Director15yrsno datano data
Simon Henriksson
Employee Representative Director8yrsno data0.00019%
SEK 64.5k
Maria Hakansson
Independent Director2.7yrsSEK 545.00k0.0016%
SEK 557.1k
Anders Lindqvist
Independent Director2.7yrsSEK 523.00k0.0016%
SEK 557.1k
Sabine Aissaoui
Independent Director1.7yrsSEK 329.00kno data
Elizabeth Nugent
Independent Directorless than a yearno datano data
Julia Jakobsson
Employee Representative Deputy Directorless than a yearno datano data
Sara Boije
Employee Representative Deputy Directorless than a yearno datano data

2.7yrs

Average Tenure

51yo

Average Age

Experienced Board: MTRSS's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/04 21:43
End of Day Share Price 2024/10/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Munters Group AB (publ) is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Karl VikströmBerenberg
Catharina ClaesBerenberg
Kenneth Toll JohanssonCarnegie Investment Bank AB