WindowMaster International A/S wins major contract for the refurbishment of large municipality-owned building in Denmark
Investor News No. 015 - 2023
WindowMaster has won a new major contract involving the refurbishment of a large town hall building owned by a large Danish municipality. Being one of our most significant recent orders, it includes the supply and commissioning of our customized control system for large buildings, NV Advance®. In doing so, WindowMaster will replace the existing natural ventilation system and substantially upgrade the building with the objective of optimizing its energy efficiency.
As part of the integrated offering, WindowMaster will also provide and commission the project with BMS (Building Management System) and heating while covering a range of installation services, delivering new equipment and documentation, alongside with ongoing project management.
In addition to being the preferred choice in terms of parameters such as price and product performance, sustainability was also a key factor behind the decision to choose WindowMaster for this building contract.
This includes our dedicated focus on reducing our CO2 emissions and improving our products' lifetime, EPDs, and our continuous work with Global Compact and Science Based Targets. Last but not least, the availability of our take-back system, which ensures that our materials are sorted and recycled in our value chain or used in new products, played a vital part in the decision-making process.
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 |
|---|---|---|
| Project Sales (Newbuild or Refurbishment) | Is not communicated | Is communicated |
| Product Sales (OEM, Distribution or Install Partners) | Is not communicated | Is communicated |
| Service Agreement | Is communicated above DKK 500K | Is communicated |
| New Product or System Test Certification | Is communicated | Is communicated |
| New Partner/Market Established | Is communicated | Is communicated |
| New Product Launch | 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, installation, and commissioning for either newbuild or refurbishment.
Product sales are for OEM (Skylights, Facades, and Windows), Partners for distribution, or Partners integrating our products in their installations.
Service covers annual service contracts regarding our installed systems handled by our organization or partners.
All agreements and orders with a total value above DKK 1,000K are communicated to the market.