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Munters Group AB ( (SE:MTRS) ) has provided an announcement.
Munters Group AB’s Data Center Technologies division has secured a significant order worth approximately 840 MSEK for Geoclima Circlemiser chillers from a new colocation data center customer in the US. This order, set for delivery between Q4 2026 and Q1 2027, highlights the growing demand for efficient cooling systems in AI data centers and positions Munters to capitalize on this trend with its expanded production capacity in Virginia, US.
The most recent analyst rating on (SE:MTRS) stock is a Buy with a SEK189.00 price target. To see the full list of analyst forecasts on Munters Group AB stock, see the SE:MTRS Stock Forecast page.
More about Munters Group AB
Munters Group AB is a global leader in energy-efficient air treatment and climate solutions, serving various industries with innovative technologies. With a workforce of around 5,000 employees, the company operates in over 25 countries and reported annual net sales exceeding SEK 15 billion in 2024. Munters is listed on Nasdaq Stockholm.
Average Trading Volume: 564,260
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK33.53B
For an in-depth examination of MTRS stock, go to TipRanks’ Overview page.