Careium reported strong organic FX-adjusted net sales growth of 19.9% y/y in Q3, better than SEBe 13.4% (+6.5pp) . EBIT scaled and increased 86.2% y/y, with EBIT margin improving to 10.3%. The growth in Q3 was driven mainly by service sales, which were boosted by new UK customers onboarded. Product sales also contributed, with good momentum for mobile alarms.
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