Sweden's Dynavox Q1 revenue misses estimates on North America weather impact

Dynavox AB

24/04/2026 06:39

Overview

Sweden assistive communication provider's Q1 revenue grew 1% but missed analyst expectations

Operating profit for Q1 rose 35% as profitability and cash flow improved

North America sales were hit by severe weather, but other markets performed well

Outlook

Dynavox maintains long-term targets: 20% avg annual revenue growth (currency adjusted), EBIT margin above 15%

Company expects weather-related disruptions in North America to normalize, with deferred business regained in coming qtrs

Dynavox sees recent cost increases in components and freight having limited negative impact on gross margin

Result Drivers

NORTH AMERICA WEATHER IMPACT - Severe weather in North America disrupted sales early in the qtr, but business rebounded in March

COSTS TAPERING - Profitability and cash flow improved as investment-related costs continued to decrease and process improvements took effect

CURRENCY HEADWINDS - Negative currency effects reduced EBIT, but these headwinds have decreased as SEK and USD fluctuations stabilized entering Q2

Company press release: ID:nWkrc3RmTV

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
SEK 588 mln
SEK 612.30 mln (3 Analysts)
Q1 Gross Margin
67.00%
Q1 Basic EPS
SEK 0.36
Q1 Operating Margin
9.80%
Q1 Operating Profit
SEK 57 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the integrated hardware & software peer group is "buy"

Wall Street's median 12-month price target for Dynavox Group AB is SEK125.50, about 34.9% above its April 23 closing price of SEK93.00

The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 28 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)