• NuWays reiterated its Buy rating on Tonies on Nov. 13, 2026, with an unchanged 12-month price target of EUR 18.50.
• Third-quarter sales rose 28% to EUR 180 million, beating consensus of EUR 175 million, partly reflecting earlier product launches.
• The report estimated fourth-quarter growth of 8% would meet full-year sales guidance above EUR 760 million.
• Adjusted EBITDA margin guidance remained at 9%-11%, with the fourth quarter expected to generate most annual profit.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tonies SE published the original content used to generate this news brief via EQS News (Ref. ID: rc_27480) on November 13, 2026, and is solely responsible for the information contained therein.