Automatic translation: Originally published in undefined 07/08/2026, 06:48 GMT. Give feedback here.

Yesterday, SMS announced the sale of an MRI scanner to a new customer in Central Asia. The order was valued at DKK 3.5-5.0 million. The sale to the new customer also reflects the strength of the collaborations and relationships that SMS has built in the industry. The equipment was delivered in week 31, 2026. In connection with previously announced orders for the Asian market, SMS has announced that the company sees significant potential in the region. The sale also follows the strategy of expanding into new markets. Read our full comment here: https://www.inderes.dk/analyst-comments/sms-annoncerer-salg-af-mr-scanner-til-ny-kunde-i-centralasien

Yesterday, WindowMaster announced that the company has won a contract to supply a hybrid ventilation solution for the renovation of a public building in Ireland. The delivery of the hybrid ventilation solution replaces an already installed WindowMaster NV Advance® system. The solution is a KNX/MotorLink®-based hybrid architecture that combines natural and mechanical ventilation, thereby decreasing electricity consumption and reducing embodied CO2. The contract value was not disclosed in the announcement, but according to WindowMaster's communication policy, the company only publishes orders with a minimum value of DKK 1 million or orders of strategic importance. Read the full announcement here: https://www.inderes.dk/releases/windowmaster-international-as-wins-contract-for-refurbishment-of-government-building-in-ireland

We have updated our investment case for INVISIO following the Q2 2026 report. Q2 2026 delivered strong sales of SEK 513M (+20% y/y) and an EBIT margin of up to 15.3%, while order intake of SEK 279M (-31% y/y) was impacted by temporary US delays due to a partial federal government shutdown and a reorganization at the Pentagon. Management believes that no orders have been lost – only postponed to H2. The quarter also brought two strategic milestones: approval under the UK MoD's framework and the launch of INVISIO Drone Aware. INVISIO trades at 24.6x EV/EBIT 2026E – a moderate premium to peers, which has been compressed after -18.6% YTD. The risk/reward has become more binary, with the short-term share price depending on whether the postponed US orders arrive in H2. Read the full investment case here: https://www.inderes.dk/research/invisio-investment-case-staerk-omsaetning-i-q2-midt-i-en-blod-amerikansk-ordreindgang

This morning at 11:00 AM, Føroya Banki's CEO, Turið F. Arge, will present the Q2 and thus H1 2026 financial report and answer questions from the audience. Register and submit your questions now: https://www.inderes.dk/videos/foroya-banki-praesentation-af-regnskabet-for-2-kvartal-2026

Disclaimer: HC Andersen Capital receives payment from the mentioned company for a digital IR subscription agreement. /William Jørck on 08/07-2026 at 08:48 AM.