Munters Order Intake Jumps 70% on More Than Doubling Data Center Orders

Published:

Munters Order Intake Jumps 70% on More Than Doubling Data Center Orders
Photo: Janerik Henriksson/TT

During the third quarter, Munters, which supplies cooling systems to data centers, among other things, received orders worth SEK 7 billion.

"DCT (Data Center Technologies) was an important contributing factor, with order intake more than doubling compared with the previous year - clearly outpacing growth in the already exceptionally strong underlying data center market," CEO Stefan Aspman writes in the quarterly report.

But so far, it has had a limited impact on the results. Operating profit rose by 2 percent to 391 million kronor, while sales increased by 18 percent to 4.5 billion kronor.

"However, our financial performance remains mixed, as the ramp-up of production and component shortages affect operational efficiency and profitability within DCT," the CEO writes.

Loading related articles...

Tags

Author

TT News AgencyT
By TT News Agency. English edition by Sweden Herald, adapted for our readers

Keep reading

Loading related posts...