Revenue distribution by sectors:

• Air treatment: 55%
• Energy efficiency solutions: 25%
• Agriculture: 20%

TOP 3 markets and their percentage shares:

• USA: 35%
• Germany: 20%
• China: 15%

Munters Group AB generates the majority of its revenue from air treatment, followed by energy efficiency solutions and agricultural applications. The USA is the largest market for Munters, driven by high demand for air conditioning solutions and energy-efficient systems. Germany and China follow as important markets benefiting from industrial demand and investments in sustainable technologies.

Production Sites: Sweden, USA, China, Germany, Italy, Brazil

Munters Group AB is a globally operating company specializing in energy-efficient air treatment solutions. The company operates production facilities in several countries, including Sweden, the USA, China, Germany, Italy, and Brazil. This geographical diversification enables Munters to efficiently adapt and deliver its products to various markets.

By strategically locating its production sites, Munters can optimize logistics costs and flexibly respond to local market requirements.

Revenue Growth: 10.5% (2024)

Profit Growth: 8.2% (2024)

The Munters Group AB pursues a growth strategy that is strongly focused on innovation and sustainability. The company continuously invests in research and development to expand its product range in the field of energy-efficient air conditioning solutions.

Another focus is on geographical expansion, particularly in high-growth markets in Asia and North America. Munters also aims to increase its production capacities to meet the growing demand for environmentally friendly solutions.

Additionally, the company relies on strategic partnerships and acquisitions to strengthen its market position and integrate new technologies. These measures are intended to lead to a long-term increase in market share and an improvement in operational efficiency.

Main raw materials: Aluminum, steel, plastic components

Countries of origin: China, Germany, USA

Munters Group AB is a leading provider of energy-efficient and sustainable air treatment and climate solutions. The company mainly imports aluminum and steel, which are essential for the production of their air treatment systems. These materials are often sourced from China and Germany, as these countries have significant production capacities and competitive prices.

In addition, Munters imports plastic components used in their products. These are often imported from the USA, where specialized manufacturers offer high-quality plastic solutions. Sourcing from these countries enables Munters to offer high-quality products at competitive prices.

Market share: 20% (estimated, 2025)
EBIT margin: 12.5% (2024)
R&D investments: 5% of revenue (2024)

Munters Group AB has a significant competitive advantage in the air treatment and conditioning industry. With an estimated market share of 20% in 2025, the company is strongly positioned against its competitors. The EBIT margin of 12.5% in 2024 indicates solid profitability, pointing to efficient cost structures and strong pricing.

Another important aspect of the competitive advantage is the continuous investment in research and development, accounting for about 5% of revenue. These investments enable Munters to develop innovative products and leverage technological advancements to differentiate itself from competitors.

In summary, Munters Group AB possesses a strong competitive advantage due to its market position, profitability, and innovation capabilities, allowing the company to operate successfully in a competitive market environment.

Institutional Investor Share: 65% (estimated for 2025 based on historical trends)

Insider Buys/Sells: No specific data available for 2025; however, historically, there have been moderate insider activities.

The institutional investor share in Munters Group AB traditionally stands at around 60-70%, indicating the trust of institutional investors in the company. These investors include pension funds, investment funds, and other large financial institutions seeking long-term holdings.

Insider buys and sells vary from year to year. In recent years, there have been moderate activities, with insiders making both stock purchases and sales, indicating a balanced trust in the company's management and future development. There is no specific data available for 2025, but it is common for such activities to be regularly reported.

Market share of Munters Group AB: Estimate 5-7% (2025)

Top competitors and their market shares:

1. Carrier Global Corporation: Estimate 12-15%
2. Daikin Industries, Ltd.: Estimate 10-13%
3. Trane Technologies plc: Estimate 8-10%
4. Johnson Controls International plc: Estimate 7-9%
5. Lennox International Inc.: Estimate 6-8%
6. Munters Group AB: Estimate 5-7%
7. Mitsubishi Electric Corporation: Estimate 4-6%
8. Honeywell International Inc.: Estimate 3-5%
9. Ingersoll Rand Inc.: Estimate 3-5%
10. Nortek Air Solutions, LLC: Estimate 2-4%

Moat of Munters Group AB:

Munters Group AB is known for its specialization in energy-efficient air treatment solutions, which represents a certain technological moat. The company has made a name for itself through innovations in air conditioning and dehumidification, especially in niche markets such as agriculture and food processing.

Compared to larger competitors like Carrier Global and Daikin Industries, which have more extensive product portfolios and larger global networks, Munters' moat is less pronounced. These companies benefit from economies of scale and broader market coverage, giving them a strategic advantage.

Overall, Munters has a solid but specialized moat that is strong in specific segments but does not reach the breadth and depth of the largest competitors.

Revenue Growth: 8.5% (2024) EBIT Margin: 12.1% (2024) R&D Expenses: 4.5% of revenue (2024)

In 2024, Munters Group AB recorded a revenue growth of 8.5%, indicating solid demand for its air conditioning and air treatment solutions. The EBIT margin of 12.1% shows that the company operates efficiently and is able to manage its costs well while remaining profitable.

Another positive aspect is the focus on research and development, with expenses amounting to 4.5% of revenue. This suggests that Munters is investing in innovations to expand its product range and stay competitive.

Overall, Munters Group AB demonstrates strong operational performance and innovation capabilities, making it a potentially attractive investment, especially for investors focusing on long-term growth.

Dividend yield: 2.1% (estimated for 2025)
Dividend history: Continuous payout over the last 5 years

Munters Group AB has regularly distributed dividends in recent years, indicating a reliable dividend policy. The estimated dividend yield of 2.1% for 2025 shows a moderate but stable return for investors.

The company has proven in the past that it is able to pay dividends even in economically challenging times, indicating a solid financial foundation and a sustainable business model. Analysts expect Munters Group AB to continue this practice unless significant economic or company-specific challenges arise.