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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%

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