Q3 Jan-Sep - Munters
Q3 Jan-Sep - Munters
Q3 Jan-Sep - Munters
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MCS Financial Summary – <strong>Q3</strong> 2008Revenue increase, partly due tohurricane-related businessSo far limited effect from priceincreases to offset risinginflationary pressureContinued price focusMEP 2 costs 25 MSEK– Higher than earlier advised due tochanged view on A/R collectibility– Implementation phase acceleratedQ4 outlookContinued trend of good demandbut still weaker mixStrong order backlog, but shouldbe viewed in context of UKflooding last year10 MSEK in MEP 2 costThird Quarter <strong>Jan</strong>-<strong>Sep</strong>SEK M 2008 2007 2008 2007Order Intake 710 690 2,025 1,957Growth 3% 4%Adj growth 4% 5%Net Sales 686 666 2,000 1,885Growth 3% 6%Adj growth 5% 8%EBITA Ex. One-Time 32 42 93 100EBITA Margin 4.6% 6.3% 4.7% 5.3%EBITA 7 42 57 90EBITA Margin 1.0% 6.3% 2.8% 4.8%Operating Capital Turns 3.2 3.4ROOC 11% 18%9