GARO develops and manufactures innovative and solution-oriented products and systems for the electrical installations industry under its own brand. The product areas are Electrical distribution products, Project business, Temporary power and E-mobility. GARO has a broad product assortment and is a market leader in several product areas. The corporate culture strives for common sense and willingness to move ahead, which it says allows it to offer truly user-friendly solutions with continuous innovation.
Weaker construction market and lower industry growth. Unexpected competition in the EV charger segment.