WindowMaster is a Danish clean tech company that supplies sustainable indoor climate solutions based on intelligent natural and mixed mode ventilation as well as heat and smoke ventilation solutions. The solutions are for commercial use, primarily in the following six segments: 1) Office, 2) Education institutions, 3) Cultural buildings, 4) Shopping centers, 5) Hospitals and 6) Sports facilities.
In 2015, WindowMaster was acquired by the current majority shareholder and CEO, Erik Boyter, in a management buy-in. Today, the company is a global company with sales subsidiaries in Denmark, Germany, Ireland, Norway, United Kingdom, United States, and Switzerland. The company has been listed at Nasdaq First North in Denmark since October 2020.
Last week, WindowMaster announced its annual report for 2023. The order intake picked up in the second half of 2023, and the momentum has continued into the beginning of 2024. After the new reported numbers and the change to IFRS, we have updated the investment case one-pager on WindowMaster.
Earlier today, WindowMaster announced a new order for a product deliverance for a new-build project in Manchester, UK. The project is for a net zero-carbon office building, which is expected to be completed in August 2024.
Today, WindowMaster announced that the company has won a contract involving the retrofit of a government medical insurance administrative building in San Jose, California. With a contract such as this valued above DKK 1m according to the company’s communication policy, WindowMaster demonstrates its position in the US market.
This afternoon, WindowMaster announced a large order for a school building in Germany. Today’s order comes after the company also announced a new contract for the refurbishment of a German school yesterday.
This morning, WindowMaster announced a new contract for the refurbishment of a German school. The contract includes the supply and commissioning of WindowMaster’s customized control system for large buildings, NV Advance®. WindowMaster expects to deliver and implement the order in 2024.
This morning, WindowMaster announced a new large order for product deliverance involving one of the tallest buildings in Iceland. The customer's office and retail facilities will be improved by WindowMaster's natural ventilation solutions, as the existing actuators and controls will be replaced.
Today, WindowMaster has downgraded its 2023 guidance and announced its new 2024 guidance. In connection with that, WindowMaster extends its 'Accelerate Core' strategy to the end of 2026 (from 2025). Moreover, WindowMaster is considering the possibility of transferring its listing from Nasdaq First North to Nasdaq Main Market Small Cap within its strategy period.
WindowMaster announced yesterday that ‘Climatic by WindowMaster’ has won one of the most significant orders ever involving the retrofit of fall protection.