Luxembourg's tonies H1 revenue rises 38% led by North America
Luxembourg's tonies H1 revenue rises 38% led by North America
Overview
Luxembourg children's audio platform's H1 2026 revenue grew 38% yr/yr, led by North America
Adjusted EBITDA margin for H1 fell to 0.7%, impacted by product mix and US tariffs
Company confirmed FY 2026 guidance for strong, profitable growth
Outlook
tonies expects FY 2026 group revenue growth of more than 20% cc to over EUR 760 mln
Company sees North America revenue growth of more than 30% cc in FY 2026
tonies expects FY 2026 adjusted EBITDA margin of 9% to 11%
Result Drivers
TONIEBOX 2 DEMAND - Exceptional demand for Toniebox 2 drove growth across all markets, per CEO Tobias Wann
NORTH AMERICA MOMENTUM - North America was the largest and fastest-growing market, with revenue up 48% yoy, driven by retail partnerships, household penetration, and Toniebox demand
CONTENT PARTNERSHIPS - New partnerships with Bluey, Pokémon and Hasbro contributed to growth in Tonies revenue
Company press release: ID:nEQ7W62xHa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Adjusted EBITDA Margin |
| 0.70% |
|
H1 Free Cash Flow |
| -EUR 64.30 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the toys & children's products peer group is "buy"
Wall Street's median 12-month price target for tonies SE is €17.13, about 39.2% above its August 19 closing price of €12.30
The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 26 three months ago
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(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.)