Brief: WindowMaster H1 Net Sales At DKK 107 Mln

WindowMaster International A/S

31/08/2021 07:33

Aug 31 (Reuters) - WindowMaster International A/S  WMA.CO :
    * WINDOWMASTER REALIZED RECORD HIGH GROWTH IN ORDERS AND
SALES IN
2021-H1
    * NET SALES FOR 2021-H1 ENDED AT 107M DKK
    * OUTLOOK FOR 2021 OF TURNOVER IN RANGE OF 205 - 215 MILLION
REMAINS UNCHANGED
    * H1 EBITDA-MARGIN (EXCLUDING NON-RECURRING ITEMS) ENDED AT
6.0%
COMPARED TO A MARGIN OF 1.7% IN 2020-H1.
    * EFFECT OF RISING COST OF LOGISTICS/TRANSPORTATION EXPECTED
TO
LEAD TO IMPACT EBITDA FOR 2021, EXPECTATION ADJUSTED TO BE IN
RANGE BETWEEN 18.5-24.5M DKK
    * MANAGEMENT HAS DECIDED TO POSTPONE ANY ADDITIONAL MID-YEAR
PRICELIST CORRECTIONS UNTIL 1 JANUARY 2022. PRICE ADJUSTMENT FOR
2022 IS EXPECTED TO HAVE A NET EFFECT IN RANGE OF 6-7% - TO
COMPENSATE FOR HIGHER RAW MATERIAL/COMPONENT PRICES AND
TRANSPORTATION COSTS

Source text for Eikon:  ID:nWkr9P1dQd 
Further company coverage:  WMA.CO 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))