contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


windowmaster-updates-guidance-for-2025-and-announces-expectations-of-7-14percent-growth-in-2026

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

WindowMaster was founded in Denmark in 1990 with the ambition of becoming a strong market leader in the fenestration industry. In 2015, CEO Erik Boyter led a management buy-in and listed the company on the Nasdaq First North Growth Market in Copenhagen in 2020. It has been a family-controlled, listed company since then. 

WindowMaster offers advanced ventilation strategies, enabling the construction industry to significantly reduce its carbon footprint. Driven by the purpose ‘To create a better world where every person has fresh air indoors and a safe built environment’, the company develops, manufactures, distributes facade and roof automation solutions for hybrid ventilation, natural ventilation, and smoke ventilation systems. WindowMaster’s actuators and control systems enable the flow of fresh air, while actuators ensure window automation. The company also provides project design assistance, ventilation calculation, installation, commissioning, integration opportunities and system training. 

The company benefits from strong structural tailwinds in the European building industry for both renovation and newbuild. Both applications are supported by increasing regulatory focus on energy efficiency and a more sustainable construction industry. Buildings account for roughly 40% of global energy consumption, with more than two-thirds related to heating, ventilation, air conditioning, and lighting — making WindowMaster’s solutions a high-impact lever for energy reduction.  

Over the past four years (2020–2024), WindowMaster has delivered profitable growth with a 12% revenue CAGR, while improving both EBITDA and cash flow. The company’s performance has shown greater resilience than the broader building materials sector, underpinned by its exposure to the more stable renovation segment, the highly regulated smoke control market, and growing investments in the green transition. 

A disciplined capital allocation strategy has created substantial value through investments in innovation, own production capacity, and the global sales organisation. These initiatives have cemented WindowMaster’s strong market position across core markets in Europe and North America. 

With a robust platform for both organic and inorganic growth, WindowMaster is well positioned to create long-term shareholder value. In 2025, the company paid its first dividend since the IPO, reflecting its healthy financial foundation and commitment to shareholder value. 

WindowMaster International

Company Announcement no. 069-2025 Inside informationVedbaek, 16th December 2025 WindowMaster is updating its guidance for 2025 to revenue DKK 268-275m from DKK 270-290m and EBITDA to DKK 23-...

Company Announcement no. 069-2025&nbsp;Inside informationVedbaek, 16th December 2025&nbsp;WindowMaster is updating its guidance for 2025 to revenue DKK 268-275m from DKK 270-290m and EBITDA to DKK 23-26m from DKK 22-27m. In 2026, revenue is expected to grow by 7-14% to DKK 290-310m, while EBITDA is expected to increase to DKK 45-55m. The outlook for 2026 is supported by increased order intake in second half of 2025 and a positive project pipeline outlook.&nbsp;Guidance for 2025WindowMaster is updating the guidance for 2025. Revenue is now expected to be in the range of DKK 268-275m (previous expectation: DKK 270-290m) and EBITDA in the range of DKK 23-26m (previous expectation: DKK 22-27m), equivalent to an EBITDA-margin of approximately 8.3-9.7%. The revenue did not grow in 2025 but margins improved – mainly due to positive sales channel mix/change. This is related to positive developments in project execution and service across all markets.While the contribution margin increased in 2025, the EBITDA ratio and result are also positively impacted by economies of scale and operating leverage – as assumed in our “Accelerate Core” strategy. The final revenue and EBTIDA for 2025 will depend on the percentage of completion of ongoing projects – determining the level of revenue that can be taken to income.Order intake for the full year 2025 is expected to be in the range of DKK 270-280m (2024: DKK 280m).Outlook for 2026In 2026, revenue is expected to grow organically by 7-14% to DKK 290-310m and EBITDA is expected to grow to DKK 45-55m, equivalent to an EBITDA-margin of approximately 16-17%.The outlook for 2026 includes a medium level of uncertainty particularly in relation to timing and start-up of projects. WindowMaster is expecting the business environment to improve during 2026, and especially during 2nd half of 2026 due to implementation of regulations that will support the European focus on energy efficiency renovations – especially in Germany. The uncertainty relates to the timing of when the improved business environment will materialize in terms of increasing orders and revenue. WindowMaster’s guidance for 2026 is close to the strategy target of revenue growth between 10-15% and on target with respect to profit before tax above 10%, as announced in June 2022.Fixed costs and investments are expected to be kept unchanged, which is expected to lead to improved lead generation, opportunities, and profitability. Increased profitability and high cash conversion will further reduce the financial gearing. Thus, NIBD/EBITDA is expected to be well below the target of maximum 2.0 by the end of 2026.&nbsp;Vedbaek, 16 December 2025&nbsp;&nbsp;For further information:CEO, Erik Boyter+45 4567 0300<a href="mailto:ir@windowmaster.com">ir@windowmaster.com</a>WindowMaster International A/SSkelstedet 13, 2950 Vedbæk&nbsp;Certified AdvisorHC Andersen CapitalBredgade 23, 2., 1260 København<a href="mailto:ca@hcandersencapital.dk">ca@hcandersencapital.dk</a>&nbsp;

WindowMaster updates guidance for 2025 and announces expectations of 7-14% growth in 2026 