Redeye comments on CTEK’s Q3 report, which showed weaker growth than expected, but this was compensated by far better profitability than expected. Low-voltage sales was once again the main driver behind the numbers, whereas EVSE struggled. On a positive note, the professional segment managed to reach EBITDA break-even despite relatively low sales, which we consider positive. We look forward to the launch of the new low-voltage power booster in Q4, which could be an important growth driver in the coming years.
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