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Safeture Q3 2024: First quarter with positive EBIT - Redeye

Redeye provides a comment on Safeture’s Q3 2024 report, which showed ARR growth of 16% and sales growth of 15%. For the first time, the company reached positive EBIT in the quarter, showing a modest EBIT margin of c1%. Although current market conditions and the focus on profitability results in growth being below the company's financial targets, we are encouraged by the progress shown.

Redeye provides a comment on Safeture’s Q3 2024 report, which showed ARR growth of 16% and sales growth of 15%. For the first time, the company reached positive EBIT in the quarter, showing a modest EBIT margin of c1%. Although current market conditions and the focus on profitability results in growth being below the company's financial targets, we are encouraged by the progress shown.
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