European Growth Leaders 2026

Annual ranking data providerLSEG WorkspaceUsed with permission · acknowledgements

An independent academic observatory making Europe’s listed growth companies visible.

Francesco Castellaneta, Full Professor of Strategy, SKEMA Business School · Scientific Committee Diego Zunino and Jackie Krafft

← All companies

Annual rank14

Sweden · Technology

Dynavox Group

Dynavox creates custom-designed solutions that the company says enable people with disabilities.

+109%revenue growth
FY2022–FY2025
+252%net-income growth
FY2022–FY2025
+379%stock return
FY2022–FY2025
−28%2026 stock return
current context only

Company profile

A voice, a screen and software assembled around one person

Dynavox Group owns Tobii Dynavox, whose assistive-communication systems combine speech-generating devices, eye tracking, communication software and training. The user may select words with eye gaze, touch or switches, then use the same set-up to speak, browse, call or control a computer. Products reach homes, schools and clinics through local teams and specialist partners, while prescribers, families and funders shape which combination is assessed and adopted.

Access and devices

Eyes, touch or switches become the input

TD I-Series turns eye gaze into speech and Windows control, with outdoor tracking and a rear Partner Window for face-to-face conversation. TD Pilot brings eye-controlled communication to iPadOS; PCEye adds gaze control to a Windows computer. A calibration tutorial shows the practical step between placing the hardware and selecting small targets reliably.

Software in daily life

One set-up can speak, browse and handle a phone

TD Snap supplies page sets for symbol, text, scanning and other communication approaches. TD Control replaces mouse and keyboard actions with eye gaze; TD Browse is an eye-operated web browser; TD Phone connects an I-Series to a mobile by Bluetooth. Jordi's official story makes the stack concrete: a partner introduced him to I-Series, voice personalisation and web access after his ALS/MND clinic referral.

From assessment to everyday use

Home, school and clinic teams shape the solution

Ava's family uses TD Snap, an I-13 at home and outdoors, and a portable PCEye at school; her parents and sister model the communication system with her. More broadly, funding may begin with a multidisciplinary assessment involving therapists, a doctor and a service provider. Product tutorials and the Learning Hub then help users, caregivers and professionals configure, calibrate and learn the technology.

Reach and route to market

Local expertise sits inside a 65-country reach

Dynavox Group reports customers in more than 65 countries. It describes education for prescribers, smoother funding and partnerships as three strategic levers. Direct offices cover markets including the United States, Sweden, Norway and the United Kingdom; elsewhere, trained partners supply the portfolio and provide local knowledge of funding, support and training. The route to market is therefore specialist and locally adapted, not a single global sales channel.

Current 2026 update

What has changed in 2026?

Second quarter ended 30 June 2026 · 22 July 2026

Second quarter ended 30 June 2026latest official update
4company-specific highlights
−28%2026 stock return · context only

Second-quarter revenue

Second-quarter revenue rose 11.1% to SEK 670 million and 16% in constant currency.

Second quarter ended 30 June 2026 · SEK 670m · +11.1%

Operating profit and margin

Second-quarter operating profit rose 137% to SEK 105 million, and the operating margin increased to 15.7% from 7.4%.

Second quarter ended 30 June 2026

Acquisition and timing context

Dynavox completed the acquisition of Italian reseller SR Labs on 1 April. North American Q2 revenue also benefited from delayed Q1 orders, while prescription processes remained more drawn out.

Second quarter ended 30 June 2026

First-half revenue

First-half revenue rose 6.2% to SEK 1,257 million and 16% in constant currency.

First half ended 30 June 2026 · SEK 1,257m · +6.2%

Annual record

Ranking history

Future editions add rows; they do not rewrite the 2026 record.

EditionMeasurement periodRankRevenue growthNet-income growthStock return
2026FY2022–FY202514+109%+252%+379%