WindowMaster: Continues its momentum with new guidance upgrade
This morning, WindowMaster upgraded its 2024 guidance again on revenue and EBITDA. In 2024, the company now expects to reach revenue in the range of DKK 270-280m (before DKK 265-275m), corresponding to organic growth of approx. 13-18% (before approx. 11-16%). EBITDA is expected to increase to the range of DKK 30-35m (before DKK 28-33m), corresponding to an EBITDA margin of approx. 11-12.5%.
The upgrade is based on strong growth in WindowMaster's main markets and the execution of its 'Accelerate Core' strategy. The new guidance is also supported by WindowMaster's internal financial reporting for September 2024 YTD which shows revenue growth of 21% YoY.
With today's new guidance, WindowMaster continues its momentum. The share is currently trading up with an increase of 11.9%.
Read the full announcement here: https://www.inderes.dk/releases/windowmaster-international-as-windowmaster-increases-2024-guidance-on-revenue-and-ebitda-1
HC Andersen Capital receives payment from WindowMaster for a Digital IR/Corporate Visibility subscription agreement. /Kasper Lihn 11:12, 9 October 2024.
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WindowMaster International
WindowMaster International är en leverantör av kontrollsystem- och automatiserade lösningar. Genom bolagets teknik möjliggörs automatiserad hantering av innertemperatur via sensorsystem som levereras till kundernas fastigheter. Exempel på produkter inkluderar brandlarm, regnsensorer och värmesystem. Bolagets kunder består av små- och medelstora företagskunder inom varierande sektorer. Störst verksamhet återfinns inom den nordiska marknaden.
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