Munters Group reported Q1 net profit down 37% to 124 million Swedish crowns, versus 198 million a year earlier.
Order intake rose 32% to 4.7 billion crowns on strong U.S. data‑center demand; net sales fell 4% to 3.58 billion crowns.
Adjusted EBITA dropped 22% to 390 million crowns, margin narrowed to 10.9% from 13.5%, pressured by FX (‑12%) and tariff headwinds.
Company kept full‑year outlook unchanged, expecting stronger second half supported by solid order backlog, data‑center demand and gradual margin improvement.