Tobii Dynavox Sweden

Tobii Dynavox revises financial targets

that Tobii Dynavox is hosting today, February 21, 2024 at 09:00 CET in Stockholm. A recording of the presentation along with all material will be published on our Investor Relations website on February 22.

For reference:
The previous targets that are now being replaced read:

To increase currency-adjusted revenue by more than 10% on average per yearTo achieve and maintain an EBIT margin in excess of 15%To maintain Net debt in relation to LTM EBITDA of 2.5x +/- 0.5xDividend Policy: "To primarily reinvest the Company's profit and use it for several growth opportunities identified by the Board in the near term (both organic and non-organic). The Board of Directors shall continuously evaluate the possibility of dividends, taking into account potential acquisition opportunities and other strategic initiatives."

This information is information that Tobii Dynavox AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted, through the agency of the contact person set out below, for publication at 08:00 CET, on February 21, 2024.

Contact

Linda Tybring, CFO, Tobii Dynavox, phone: [phone], email: [e-mail] 

The following files are available for download:

https://mb.cision.com/Main/11919/3932719/2618346.pdf

Press release Tobii Dynavox revises financial targets

View original content:https://www.prnewswire.co.uk/news-releases/tobii-dynavox-revises-financial-targets-302067049.html