Net sales rose to SEK 3.2 billion, up from SEK 2.1 billion.
But not everything looks so bright in the report. Order intake falls hard, down 44 percent organically.
“No major orders were received during the quarter,” writes Munters.
In addition, the so-called cash flow – what remains after receipts and payments and tax – was negative. According to CEO Klas Forsström, this is mainly due to an increase in working capital as a result of preparations for deliveries in larger projects in the coming quarters.
But the stock market liked the report anyway. Munter’s share has risen by 9 percent after 20 minutes of trading.