Tobii Dynavox Q1’23: Continued good growth - Redeye

Redeye comments on the Q1 report released earlier this morning. Sales were 2 % above our estimate, while the gross margin was as expected at 66%. The organic growth was 15% compared to our expectation of 16%, with an FX effect in line with the expectation of 11%. The structure effect was slightly higher at 9% vs. our 6% expectation. Margins were more or less in line with our expectations, with an EBITDA margin of 16.7% vs. our expectation of 16.9%. We do not expect more than marginal adjustments to our estimates and Base case of SEK 36 per share.

Länk till analysen i sin helhet: https://www.redeye.se/research/897160/tobii-dynavox-q123-continued-good-growth?utm_source=finwire&utm_medium=RSS