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Trades about 37% below its sector, cheaper than its peers on earnings.
Careium AB (Publ), established in 1974 and headquartered in Malmö, Sweden, specializes in providing technologically advanced care solutions across numerous European nations, including Sweden, Norway, the United Kingdom, and the Netherlands. Their extensive product range covers a wide array of personal safety and environmental monitoring devices. This includes fundamental personal alert systems, such as fixed and mobile social alarms, alongside critical environmental sensors designed to detect smoke, heat, floods, carbon monoxide, and extreme temperatures. The company further enhances independent living through tools like fall detectors, automated pill dispensers, and specialized sensors for conditions such as epilepsy, as well as for beds (e.g., magic stick) and chairs. Additional assistive devices encompass mat, voice, chair, and bed alarms, alongside alternative control interfaces like blow switches, ping-pong switches, and ceiling-mounted pull cords. These are all integrated with secure communication services, ensuring efficient alarm response. Careium's offerings also feature advanced hardware, such as the mBox 9200, which functions as a versatile control unit, radio transmitter, range extender, and door alarm. They also provide the battery-operated Motion 9200 motion sensor and specific items like the Enzo bogus caller button. For individuals with disabilities or particular needs, the PikoButton offers a customizable control switch. To complete their service, the i-care online web platform provides a centralized system for managing and reviewing all connected alarm tools.
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