WindowMaster International A/S secures new Hungarian integrator partner
Investor News No. 030 - 2024
WindowMaster 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 partnership expands an established network of partners in Europe, Oceania, and North America, as well as WindowMasters' international sales subsidiaries.
General info about Investor News:
Unless otherwise stated, all new customer agreements and orders are according to WindowMaster’s strategy and thus do not change communicated guidance.
| Business Area | Orders under DKK 1,000K | Orders above DKK 1,000K | Orders above DKK 5,000K |
|---|---|---|---|
| Project Sales (Newbuild or Refurbishment) | Is not communicated | Is communicated | Is communicated |
| Product Sales (from either a Manufacturing, Distribution, Integration, or a Façade Builder account) | Is not communicated | Is communicated | Is communicated |
| Service Agreement | Is communicated above DKK 500K | Is communicated | Is communicated |
| New Product or System Test Certification | Is communicated | Is communicated | Is communicated |
| New Market Established | Is communicated | Is communicated | Is communicated |
| New Product Launch | Is communicated | Is communicated | Is communicated |
WindowMaster’s Investor News defines our business areas as Project, Product or Service in accordance with our Accelerate Core Corporate Strategy.
Projects are orders with integrated offerings of full-service subcontracting, including products, project management, project specific design and documentation, installation, and commissioning for either newbuild or refurbishment.
Product sales are for our manufacturing accounts (skylights, facades, windows, or louvers), distributors or organisations that integrate our solutions in their installations.
Service covers annual service contracts regarding our installed systems handled by our organization or integrator network.
All agreements and orders with a total value at or above DKK 1,000K or DKK 5,000K are communicated to the market.