Dynavox: Impressive end-of-year results - Redeye

Redeye comments on the Q4 report released earlier this morning. Sales came in significantly higher than expected, paired with a stronger gross at 69.7%. Total growth of 24%, of which 21% was organic, 1% through acquisitions, and 2% by currency. Thus, it showed a powerful performance in the last quarter of the year. The sales outcome was better with improving margins. We expect to make adjustments due to the sales development as it points to continued strength in the company. We will likely increase our Base case due to the strong underlying market and the margin progress.

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