Dynavox Q3’24: Results in line and continued positive outlook - Redeye

Redeye comments on the Q3 report released earlier this morning. Sales came in slightly lower than expected, while the gross margin was slightly better than expected at 68.7%. Total growth of 14%, of which 15% was organic, 3% through acquisitions, and -4% by currency. All this was just a bit weaker than expected, while the EBIT margin was in line. The results were thus then in line while sales were about 3% below our expectation. A new product launch affected sales in the quarter, and the underlying sales were over 20%. We expect to make minor adjustments due to the sales development in the past quarter. The positive product launch, in which some old orders were replaced, will come in over the next quarters. We do not expect to make any significant changes to our estimates and, consequently, not our Base case either.

Länk till analysen i sin helhet: https://www.redeye.se/research/1045317/dynavox-q324-results-in-line-and-continued-positive-outlook?utm_source=finwire&utm_medium=RSS