WindowMaster (One-pager): 2024 momentum confirmed by upward adjustment of guidance range
Last week, WindowMaster narrowed its 2024 guidance range upwards with comments about a more positive market outlook. This was supported by a strong Q1 2024, as the order intake grew 24% in the quarter and 10% on a 12-month-running basis.
Based on the new numbers, we have updated our investment one-pager. Besides looking into the investment case with key investment reasons and risks, we have also updated the peer group with valuation multiples compared to other construction/building-related companies.
HC Andersen Capital receives payment from WindowMaster for a Digital IR/Corporate Visibility subscription agreement. /Kasper Lihn 08:00, 16 April 2024.
WindowMaster International
WindowMaster er en dansk clean tech virksomhed, der leverer bæredygtige indeklimaløsninger baseret på intelligent naturlig og blandet ventilation samt varme- og røgventilationsløsninger. Løsningerne er til kommerciel brug, primært i følgende seks segmenter: 1) Kontor, 2) Uddannelsesinstitutioner, 3) Kulturbygninger, 4) Shoppingcentre, 5) Hospitaler og 6) Idrætsfaciliteter. I 2015 blev WindowMaster opkøbt af den nuværende majoritetsaktionær og administrerende direktør, Erik Boyter, i et management buy-in. I dag er virksomheden en global virksomhed med salgsdatterselskaber i Danmark, Tyskland, Irland, Norge, Storbritannien, USA og Schweiz. Virksomheden har været noteret på Nasdaq First North i Danmark siden oktober 2020.
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