WINDOWMASTER INTERNATIONAL A/S Company announcement - No. 046-2024 - Insider Information
Vedbæk,
Record 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 first half of 2023.
-
Based on the positive developments in order intake (supported by year-to-date
May 2024 reporting showing revenue growth of 23% year-on-year), the outlook for 2024 is improved relative to the latest published guidance (No. 044-2024Vedbaek ,12 April 2024 ). Revenue in 2024 is now expected to increase toDKK 265-275m , equivalent to approximately 11-16% organic growth. EBITDA is expected to increase toDKK 28-33m , equivalent to an EBITDA-margin in the range 11-12%.
| Announcement on 2024 guidance | No. 44 on 12. | No. 46 on 7. |
| Revenue | ||
| Revenue growth% | 7-11% | 11-16% |
| EBITDA | ||
| EBITDA% | 10-11% | 11-12% |
For further information:
CEO,
M: +45 4035 0267
Mail: ekb.dk@windowmaster.com
WindowMaster International A/S
Skelstedet 13
2950 Vedbæk
Certified Advisor
M: +45 3179 9000
Stockholmsgade 45, 2100 Copenhagen Ø,
https://news.cision.com/windowmaster-international-a-s/r/windowmaster-increases-2024-guidance-on-revenue-and-ebitda,c3996576
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