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WindowMaster updates guidance for 2024 and announces expectations of 2-8% growth in 2025

Company Announcement - No. 050-2024 – Inside information Vedbaek, 12[th] December 2024 WindowMaster is updating its guidance for 2024 to revenue DKK 283-286m from DKK 270-280m and EBITDA to DKK 34-36m from DKK 30-35m. In 2025, revenue is expected to grow by 2-8% to DKK 290-310m, while EBITDA is expected to increase to DKK 36-41m. The outlook for 2025 is supported by stable high order intake in 2024. Guidance for 2024 WindowMaster is updating the guidance for 2024. Revenue is now expected to be in the range of DKK 283-286m (previous expectation: DKK 270-280m) and EBITDA in the

WindowMaster International A/S: Financial calendar for 2025

Company Announcement No. 49 – 2024 Copenhagen, 3 December 2024 WindowMaster International A/S hereby present the company’s financial calendar for 2025 as follows:  March 19, 2025Announcement of financial statements for 2024April 10, 2025Annual General Meeting of WindowMaster International A/SAugust 14, 2025Interim Report for the six months ended June 30[th], 2025 The Company must be notified in writing of Items for the General Meeting (April 10, 2025) agenda no later than March 13, 2025. For further information: CEO, Erik BoyterM: +45 4035 0267Mail: ekb.dk@

WindowMaster International A/S wins new contract for specialdesigned Kindergarten in Karlsruhe, Germany

Investor News No. 038 - 2024WindowMaster has won a new contract for a kindergarten that will be offering space for 110 preschool children in Karlsruhe, Germany. The order will bring fresh air into 1.900 square meters of floor space designed by experts, counting multi-purpose rooms, kitchen, sanitary facilities and a bistro. NV Advance[®] will be controlling the fresh air supply in 33 zones using 100 whisper-quiet WMX 814 window drives. The WindowMaster solution will also be controlling the smoke extraction, through CompactSmoke control units, and the solar shading. This project win

WindowMaster International A/S Wins New Contract for Kindergarten Refurbishment in Germany

Investor News No. 037 - 2024WindowMaster has won a new contract for a new kindergarten, including canteen and childcare facilities. The project will include an open space concept in the immediate vicinity of an existing school in the city of Remchingen, Germany. The order will bring fresh air into 42 rooms using NV Advance®, including CompactSmoke™ control panels. WindowMaster will also be controlling the solar shading, as well as exhaust air fans in the canteen. The project will also include over 100 windows with our WMX 814 actuators mounted. This project has been won due to our

Climatic by WindowMaster Wins New Contract for Warehouse Buildings in Denmark

Investor News No. 036 - 2024Climatic by WindowMaster has won a new contract for Lineage consisting of establishing rooftop safety on 4 different warehouse buildings around Denmark – Vejle, Hvidovre and Padborg. In total WindowMaster will be installing 517 roof anker points, 5.180 demarcations, and 130 skylight safety nets to prevent any safety breaches while working from the rooftops. The projects are expected respectively to be completed by the end of 2024 and summer 2025. General info about Investor News: Unless otherwise stated, all new customer agreements and

WindowMaster increases 2024 guidance on revenue and EBITDA

Company announcement - No. 048-2024 - Insider Information                                                                Vedbæk, 9 October 2024Based on the positive year-to-date September 2024 internal financial reporting showing revenue growth of 21% year-on-year, the outlook for 2024 has improved relative to the latest published guidance (No. 046-2024 Vedbaek, 7 June 2024). Revenue in 2024 is now expected to increase to DKK 270-280m, equivalent to approximately 13-18% organic growth. EBITDA is expected to increase to DKK 30-35m, equivalent to an EBITDA-margin in the range 11-12,5%. The

WindowMaster International A/S Acquires Production Facilities in Herford, Germany

Investor News No. 035 - 2024WindowMaster has officially acquired our production facilities in Herford, Germany. The ownership of the 5,700m² facilities allows WindowMaster to upscale operations and meet the growing global demand for our intelligent ventilation systems. The acquisition constitutes an important step in WindowMaster’s growth journey. The takeover lets WindowMaster expand our production capacity and optimize our supply chain to benefit new and existing customers. Moreover, ownership of production facilities allows us to create even better conditions for the workplace in

WINDOWMASTER HALF-YEAR REPORT 2024

Company Announcement No. 47-2024 - Interim report (full H1-2024 report).  Vedbæk, 16 august 2024Financial Highlights H1 2024 – Significant growth and record high Order Intake, Revenue and profitability · Order intake increased 19% (12 month running) to DKK 278.0m in H1 2024 (H1 2023: DKK 241.4m) · Revenue increased 22% to DKK 140.0m in H1 2024 (H1 2023: DKK 114.6m) · EBITDA increased 459% to DKK 17.0 (H1 2023: DKK 3.7) corresponding to an EBITDA margin of 12.1% (H1 2023: 3.2%) · The outlook for 2024 is maintained but with a precision that we expect to end in the high end of

WindowMaster International A/S wins contract for large-scale project in Switzerland

Investor News No. 034 - 2024WindowMaster has won a new contract involving the construction of a substantial new project in Windisch, Switzerland, including a school building, a kindergarten, and a sports hall. The order involves the delivery of WMX 814 chain actuators for more than 150 windows and WMU 836 chain actuators for more than 50 top-hung windows. The project fulfils the requirements of the SIA energy efficiency path within the categories "Construction," "Operation," and "Mobility," thus meeting the goals of the 2000-watt requirements. The project is expected to be

WindowMaster International A/S wins Contract for new Canadian Research Facility

Investor News No. 033 - 2024WindowMaster has been awarded a purchase order to supply all window automation and control hardware for the natural ventilation system of the Centre for Addiction and Mental Health (CAMH) Research & Discovery Centre project. The natural ventilation system by WindowMaster will improve indoor air quality and occupant comfort at the new research facility in Toronto, Canada. The project includes approximately 390,000sf (36,000m[2]) of new construction, replacing CAMH’s existing Queen Street facility. Construction is due to be completed in 2027.

WindowMaster increases 2024 guidance on revenue and EBITDA

Company announcement - No. 046-2024 - Insider InformationVedbæk, 7 June 2024Record high order intake leads to improved revenue and EBITDA 2024 guidance · Order intake reached a record high at the end of May, amounting to DKK 279m on 12-month-running basis (May 2023: DKK 235m 12-month-running), equivalent to 19% growth. The strong growth relates to all our main markets and is a token of our ability to deliver on our ‘Accelerate-Core’ strategy. This includes sales to key accounts (OEMs), where business activity is now recuperating from the downturn and high interest environment in the

WindowMaster International A/S Wins New Contract for Danish Office Building Refurbishment

Investor News No. 032 - 2024WindowMaster has won a new contract to refurbish the office building of a large Danish company in Gentofte near Copenhagen. The scope of the contract includes the implementation of a comprehensive SHEV and comfort ventilation strategy. This will involve the replacement of the existing actuators with 172 WMU 842-2 chain actuators, the exchange of the current control panels with our advanced modular smoke control system, FlexiSmoke™, and the provision and commissioning of a BMS (Building Management System) for the project. The project is expected to be

WindowMaster International A/S wins Contract for the Refurbishment of London Office Building

Investor News No. 031 - 2024WindowMaster has won a new contract to refurbish an office block in London, UK. The contract involves ordering our products for delivery, installation, and commissioning. The order involves supplying, installing, and commissioning WindowMaster’s actuators and WCC panels to promote natural ventilation throughout the building. The office block Refurbishment covers seven floors and includes decommissioning the existing system and replacing it with new WindowMaster equipment, helping the client future-proof the building for their tenants. The project is

WindowMaster International A/S secures new Hungarian integrator partner

Investor News No. 030 - 2024WindowMaster has secured a strategic partnership with a new Hungarian integrator. This alliance is driven by the promising growth opportunities in Hungary's commercial, industrial, and institutional construction sectors, which will significantly bolster our market presence and sales potential. The new partner will focus on promoting heat and smoke solutions, including hardware (actuators and controls) and WindowMasters' expertise in the field. The new integrator partner has the capabilities to push, plan, and execute projects with our solutions. This

WindowMaster International A/S wins contract for new office building in Germany

Investor News No. 029 - 2024WindowMaster has won a new contract involving the construction of a new office building in Germany. In addition to delivering actuators, WindowMaster will supply and commission our customized control system for large buildings, NV Advance®. Eighty-five zones will have natural ventilation, ensuring a comfortable indoor climate. Additionally, smoke and heat extraction will further enhance the safety of these zones in this highly energy-efficient building. The project is expected to be completed by the end of 2024. General info about Investor

WindowMaster International A/S Announces Change in Board Leadership and Thanks Outgoing Deputy Chairman

Investor News No. 028 - 2024WindowMaster is pleased to announce a change in the company's board of directors in connection with the Annual General Meeting. After years of dedicated service and remarkable cooperation, Michael Gaarmann is stepping down as deputy chairman. We extend our heartfelt gratitude to Michael for his invaluable contributions to WindowMaster. Expressing his appreciation for Michael's service, majority shareholder and CEO Erik Boyter states, 'Michael has been an integral part of our board, and we are immensely grateful for his commitment and contributions over the

WindowMaster International A/S: Annual General Meeting 2024

Company Announcement No. 045 – 2024Copenhagen, April 18, 2024The Company’s Annual General Meeting was held today, 18 April 2024, at Skelstedet 13, 2950 Vedbæk. The Chairman of the Board of Directors, Lars Fournais, welcomed the shareholders to the Annual General Meeting and announced that in accordance with Article 9.2 of the company's Articles of Association that the Board of Directors had appointed attorney-at-law Peter Mollerup as Chairperson of the Meeting. The Chairperson thanked for the appointment and stated the following: · The general meeting was convened in time on 25

WindowMaster International A/S wins Contract for the Refurbishment of UK University Building

Investor News No. 027 - 2024WindowMaster has won a new contract to refurbish an existing University building in Salford, UK. The contract involves ordering our products for delivery, installation, and commissioning. WindowMaster will deliver comfort ventilation and, in doing so, supply and install our intelligent window automation technology, MotorLink[®], actuators, and locking motors. The installation is spread over all six floors of the building. The Building Management System controls the project, regulating our automated vents and existing MotorLink[®] panels to enhance the

Correction to previous annoucement No 043: WindowMaster narrows the 2024 guidance in the high end of the previous announced range:

Company announcement - No. 044-2024 - Insider InformationVedbaek,12 April 2024Record high order intake for Q1 2024 · Order intake reached a record high level end of Q1 amounted to DKK 74m for Q1 2024 and DKK 268m 12-month-running (2023: DKK 60m for Q1 and DKK 244m 12-month-running). This represents a growth of 24% for the quarter and 10% 12-month-running. The strong growth is coming from all our main markets (except Nordic) and is seen as being able to deliver on the strategy “Accelerate-Core” as it is mainly the project business driving the growth. We also see some improvements from

WindowMaster narrows the 2024 guidance in the high end of the previous announced range:

Company Announcement No. 043-2024Vedbaek,12 April 2024Record high order intake for Q1 2024 · Order intake reached a record high level end of Q1 amounted to DKK 74m for Q1 2024 and DKK 268m 12-month-running (2023: DKK 60m for Q1 and DKK 244m 12-month-running). This represents a growth of 24% for the quarter and 10% 12-month-running. The strong growth is coming from all our main markets (except Nordic) and is seen as being able to deliver on the strategy “Accelerate-Core” as it is mainly the project business driving the growth. We also see some improvements from our Key Accounts –

WindowMaster International wins contract order from leading European skylight manufacturer

Investor News No. 026 - 2024WindowMaster has recently won a significant contract order. It involves supplying a large amount of smoke and heat ventilation products to one of Europe’s leading market skylight manufacturers. The order includes a substantial amount of the recently launched WSC 104 S Compact smoke control panels. WindowMaster will also deliver WSC 310 smoke control panels and a significant number of accessories, such as smoke detectors, break glass units, and rain sensors. ISO 21927-9 compliance related to our heat and smoke panels has played a significant role in

WindowMaster International launches 2023 Sustainability Report

Investor News No. 025 - 2024Today, WindowMaster launches the company’s Sustainability Report concerning the financial year 2023. As a signatory to UN Global Compact, WindowMaster supports its principles as well as United Nations’ Sustainable Development Goals (SDGs). The newly launched report constitutes WindowMaster’s Communication on Progress (COP) report for 2023. With the Sustainability Report 2023, WindowMaster welcomes all our stakeholders to take a closer look at our sustainability agenda and activities in 2023. The report is available for download here: sustainability-report-

Notice of Annual General Meeting in WindowMaster International A/S

Company Announcement No. 042 – 2024Vedbæk, March 25, 2024The Board of Directors is pleased to invite shareholders to the Annual General Meeting of WindowMaster International A/S. The meeting will be held on Thursday 18th of April 2024 at 3:00 pm (CEST) at Skelstedet 13, 2950 Vedbæk. The documents to be presented at the Annual General Meeting, including the Company’s Annual Report 2023 and the notice convening the Annual General Meeting as well as information on how to attend the general meeting are available at:  Information til investorer (windowmaster.dk) 

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