WindowMaster increases 2024 guidance on revenue and EBITDA
Company announcement - No. 048-2024 - Insider Information Vedbæk, 9 October 2024
Based 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 strong growth relates to all our main markets and continues to demonstrate our ability to deliver on our ‘Accelerate-Core’ strategy.
| Announcement on 2024 guidance | No. 46 on 7 June 2024 | No. 48 on 9 October 2024 |
| Revenue | DKK 265-275m | DKK 270-280m |
| Revenue growth% | 11-16% | 13-18% |
| EBITDA | DKK 28-33m | DKK 30-35m |
| EBITDA% | 11-12% | 11-12.5% |
For further information:
CEO, Erik Boyter
M: +45 4035 0267
Mail: ekb.dk@windowmaster.com
WindowMaster International A/S
Skelstedet 13
2950 Vedbæk
Denmark
Certified Advisor
Grant Thornton
Jesper Skaarup Vestergaard
M: +45 3179 9000
Stockholmsgade 45, 2100 Copenhagen Ø, Denmark