Brief: Windowmaster Raises Outlook For 2020

WindowMaster International A/S

09/12/2020 12:28

Dec 9 (Reuters) - WindowMaster International A/S  WMA.CO :
    * PROFIT OUTLOOK FOR 2020 BEATS FORECAST AND HIGH GROWTH
EXPECTATIONS FOR 2021 CONFIRMED
    * PROFIT OUTLOOK FOR 2020 LOOKS STRONGER THAN COMMUNICATED
IN IPO
COMPANY DESCRIPTION PUBLISHED ON 6TH OF OCTOBER 2020.
    * INSTEAD OF A TOPLINE IN RANGE OF 185-189M DKK FOR FULL
YEAR OF
2020 OUTLOOK IS NOW BETWEEN 188-192M DKK
    * AS COST BASE REMAINS SAME AS FORECASTED PROFIT IS ALSO
EXPECTED
TO IMPROVE
    * NORMALIZED EBITDA - EXCLUDING NON-RECURRING COSTS FOR AN
ONGOING
PATENT CASE - IS EXPECTED IN RANGE 13.5-14.5M DKK - INSTEAD OF
PREVIOUSLY ANNOUNCED 13.5M DKK
    * OUTLOOK FOR 2021 CONTINUES TO LOOK POSITIVE
    * OUTLOOK 2021: TOPLINE IS EXPECTED IN RANGE OF 205-215M DKK
-
EXCLUDING ACQUISITIONS
    * 2021 PROFITABILITY (EBITDA) IS EXPECTED IN A RANGE OF
22-28M
DKK.
    * WE STILL EXPECT A STRONG CASH GENERATION DURING 2021

Source text for Eikon:  ID:nWkr4FRFwb 
Further company coverage:  WMA.CO 

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