Dometic Group Business Model Canvas
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Unlock the full strategic blueprint behind Dometic Group’s business model with our in-depth Business Model Canvas—nine blocks mapped to show how the company creates and captures value. This editable download reveals value propositions, customer segments, partners, revenue streams and cost structure for investors, consultants and founders. Purchase the full Word & Excel Canvas to benchmark, plan and scale with confidence.
Partnerships
Partner with recreational vehicle and boat manufacturers to integrate Dometic solutions at the factory, leveraging Dometic’s OEM contracts and Nasdaq Stockholm listing (OMX:DOM) in 2024 to signal scale. Joint planning secures platform fit, volumes and forecasting, shortening time-to-market. Early design-in improves reliability and reduces installation time, while co-marketing at point of sale boosts brand visibility and OEM-led sales.
Collaborate with premium car and commercial vehicle OEMs to supply comfort and refrigeration modules, aligning with automotive-grade standards such as IATF 16949 and validation cycles of 24–36 months. Long-term supply agreements of typically 3–7 years stabilize demand and cash flow. With global light vehicle production ~80 million units in 2024 and average in-vehicle electronics spend near USD 2,000/vehicle, tight software and electrical integration is critical for seamless operation.
Tier‑1 suppliers provide compressors, electronics, engineered plastics and specialty materials, forming the backbone of Dometic’s manufacturing supply chain in 2024. Dual‑sourcing strategies reduce supply risk and cost volatility while co‑development programs with vendors drive measurable gains in performance and energy efficiency. Rigorous quality partnerships and supplier audits ensure regulatory compliance and long‑term durability of products.
Distribution, dealers, and installers
Dometic leverages its RV/marine dealer networks and specialty retailers across 100+ countries to maximize reach and channel efficiency, with dealer points exceeding 6,000 in 2024.
Certified installers lower warranty claim rates and boost NPS by ensuring correct fitment; standardized training programs maintain consistent quality and reduce service rework.
Local partners enable faster service turnaround, shortening repair cycles and preserving uptime for OEM and end-customer fleets.
- 2024: 100+ countries; >6,000 dealer points; certified installer network; standardized training; faster local service
Technology and IoT partners
Technology and IoT partners enable Dometic to integrate connectivity, apps and telemetry for remote control and diagnostics, accelerating time-to-market via cloud and firmware partners; global IoT endpoints surpassed 20 billion in 2024 and cloud services grew ~20% YoY, supporting faster feature releases. Cybersecurity and data management (global security spend ~207B USD in 2024) sustain customer trust, while interoperability with third-party systems expands OEM and platform use cases.
- Connectivity: remote telemetry & OTA updates
- Cloud/firmware: faster releases, ~20% cloud growth 2024
- Security: $207B cybersecurity market 2024
- Interoperability: third-party platform integrations
Strategic OEM, Tier‑1, dealer, installer and IoT partners secure factory integration, dual sourcing and global service in 100+ countries with >6,000 dealer points (2024). Long‑term OEM contracts (3–7 years) stabilize demand vs ~80M light vehicles and ~$2,000 electronics spend/vehicle (2024). Cloud/IoT (>20B endpoints) and cybersecurity ($207B market) partners enable OTA, telemetry and secure connectivity.
| Metric | 2024 |
|---|---|
| Countries / dealer points | 100+ / >6,000 |
| Light vehicle prod. | ~80M units |
| In‑vehicle spend | $2,000/vehicle |
| IoT endpoints | >20B |
| Cybersecurity market | $207B |
What is included in the product
A comprehensive Business Model Canvas for Dometic Group covering customer segments, channels, value propositions, revenue streams and cost structure across the 9 BMC blocks, with linked competitive advantages and SWOT insights that reflect real-world operations and support investor presentations and strategic decisions.
High-level view of Dometic Group’s business model with editable cells for product lines, channels and margins, enabling teams to quickly identify core components and streamline strategy.
Activities
Design compact, energy‑efficient climate, sanitation and F&B solutions tailored for mobile and off‑grid use, validated against industry standards (ISO 9227 salt spray, ISO 16750 vibration/heat, IEC 60529 IP ratings). Iteration is driven by OEM feedback and field data from Dometic’s 100+ market footprint and 8,000+ employees. Maintain regulatory and safety compliance across markets, including CE and ECE approvals.
Operate over 20 global plants across Europe, Americas and APAC with lean, increasingly automated processes and standardized workflows. Rigorous testing and end‑of‑line checks ensure compliance and reduce returns, supporting a global workforce of over 8,000. Production is scaled to seasonal and platform demand, with continuous improvement programs driving yield gains and lower unit costs.
In 2024 Dometic strengthened multi-regional supplier management for critical components, diversifying sourcing across regions to mitigate disruptions. The group hedges logistics and materials to reduce cost volatility and maintains seasonal inventory buffers to support peak RV and marine demand. Robust traceability systems and ISO/industry compliance certifications ensure product safety and regulatory alignment.
Sales, marketing, and channel enablement
Run OEM account management and tenders, equip dealers with training, merchandising and incentives, and launch seasonal campaigns tied to new platform rollouts while optimizing pricing and portfolio by region; Dometic operates across 100+ markets in 2024.
- OEM tenders and account mgmt
- Dealer training, merchandising, incentives
- Seasonal/platform campaigns; regional price/portfolio optimization
Aftersales service and lifecycle support
Aftersales at Dometic handles warranty cases, spare parts logistics and repairs while offering installer certification and technical hotlines to support products across 100+ markets where the group operates (Nasdaq Stockholm listed).
- Warranty handling, spare parts, repairs
- Installer certification & technical hotlines
- Documentation, manuals & firmware updates
- Feedback collection to inform redesigns & upgrades
Design, test and certify compact climate, sanitation and F&B systems for mobile/off‑grid use, iterating from OEM feedback and field data across 100+ markets in 2024. Operate 20+ global plants with lean automated production and end‑of‑line testing, supporting 8,000+ employees. Manage multi‑regional suppliers, seasonal inventory buffers and OEM/dealer sales, plus global aftersales, warranty and spare‑parts logistics.
| Metric | 2024 |
|---|---|
| Markets | 100+ |
| Employees | 8,000+ |
| Plants | 20+ |
| Stock listing | Nasdaq Stockholm |
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Resources
Strong brand equity across mobile living categories underpins Dometic’s ability to command premium pricing; the group reported net sales of SEK 23.8 billion in 2024 and sells products in more than 100 countries. Intellectual property protects refrigeration, climate and sanitation innovations via hundreds of patents and ongoing R&D investments. Industry and safety certifications (CE, UL, RoHS etc.) enable access to regulated RV, marine and HVAC markets, supporting global channel coverage and trust.
Dometic maintains a global manufacturing footprint with plants, tooling centers and test labs tailored to RV, marine and vehicle requirements, supporting product-specific certification and durability testing.
Flexible production lines handle multiple product variants and rapid changeovers, enabling responsiveness to OEM specifications and seasonal demand.
Proximity to major OEMs across 100+ markets shortens lead times and regional production capacity smooths seasonality and shifts in demand.
Established supplier relationships secure key components across Dometic’s global footprint, supporting operations that serve customers in more than 100 countries and annual sales near SEK 30 billion (2023). Regional warehouses and 3PL partners ensure availability and shorten lead times, while integrated demand-planning and replenishment systems drive inventory turns and service levels. Logistics capabilities are configured to handle bulky, fragile products with specialized packing, transport and reverse-logistics processes.
Skilled workforce and domain expertise
Engineers specialized in thermal, fluid, and power systems drive product R&D and integration for OEM cabins and refrigeration units, while field technicians and trainers sustain after-sales channels and dealer uptime.
Program managers coordinate development cycles with OEM partners and global quality teams enforce consistent standards across manufacturing and service locations.
- Skilled engineers: thermal, fluid, power
- Field technicians and trainers for channels
- Program managers aligned with OEM cycles
- Global quality teams maintaining standards
Digital platforms and data
Apps, firmware and cloud services enable connected features across Dometic products, supporting OTA updates and telematics. Product and usage data feed algorithms and R&D to drive iterative improvements. CRM and ERP systems orchestrate sales, supply chain and service. Cybersecurity is critical: average cost of a data breach in 2024 was $4.45M per IBM.
- Apps/Cloud: connected UX, OTA
- Data: product usage informs R&D
- CRM/ERP: sales & operations orchestration
- Security: 2024 breach cost $4.45M
Strong brand and global reach underpin Dometic’s premium positioning; net sales were SEK 23.8 billion in 2024 and the group sells in 100+ countries. Hundreds of patents and ongoing R&D secure refrigeration, climate and sanitation IP. Global manufacturing, supplier networks and CRM/ERP enable OEM responsiveness and service; cybersecurity remains material with average breach cost USD 4.45M (2024).
| Resource | Metric | 2024 |
|---|---|---|
| Net sales | SEK | 23.8B |
| Geographic reach | Countries | 100+ |
| IP | Patents | Hundreds |
| Cybersecurity | Avg breach cost | USD 4.45M |
Value Propositions
Deliver cooling, heating and refrigeration engineered for remote use, compatible with standard 12V/24V vehicle electrics and solar input; modern DC compressor ranges typically draw 30–60 W, enabling off‑grid operation. Designed for low power draw and battery/solar compatibility with typical RV solar arrays of 100–400 W. Maintains performance across -20 to 55 °C and extends comfortable trips by maximizing runtime between charges.
Compact footprints fit tight cabins and vans, enabling integration in campervans and light commercial vehicles without major layout changes. Optimized weight improves vehicle efficiency and range—a 10% mass reduction can raise fuel economy roughly 6–8% (EPA estimate). Modular options simplify installation and reduce fitment time. Aesthetic finishes match premium interiors for OEM-level styling.
Materials resist corrosion, vibration and moisture, with components often certified to 1,000-hour salt‑spray (ASTM B117) and marine‑grade alloys to limit degradation. Rigorous testing and field trials targeting 10+ years of service life drive reliability. Lower failure rates cut total cost of ownership by reducing downtime and warranty claims, giving professional and leisure users confidence.
Integrated systems and easy install
Integrated Dometic systems interconnect power and control for seamless operation, with standardized mounts and wiring harnesses that in 2024 reduced average install time by ~30%, while clearer documentation cut commissioning errors ~25%, enabling OEM lines and aftermarket installers to increase throughput by ~20%.
- Interconnected systems
- ~30% install time reduction (2024)
- ~25% fewer commissioning errors (2024)
- ~20% higher line/aftermarket throughput (2024)
Global service and parts availability
Global service and parts availability supports travelers through an extensive dealer and service coverage; in 2024 Dometic maintained global service operations to meet on-the-road needs. Ready access to spares minimizes downtime, while embedded remote diagnostics accelerate fault resolution and repairs. Consistent cross-region support strengthens customer loyalty and repeat purchases.
- Wide dealer/service coverage supports travelers
- Ready spares reduce downtime
- Remote diagnostics speed resolution
- Consistent regional support builds loyalty
Low‑power DC cooling (30–60 W) for off‑grid use with 100–400 W RV solar arrays; reliable across −20 to 55 °C and designed for 10+ year life. Compact, lighter modules yield ~10% mass reduction and ~6–8% fuel economy gains; modular design cut install time ~30% (2024) and errors ~25% (2024). Global parts, remote diagnostics and 20% higher throughput support uptime.
| Metric | Value (2024) |
|---|---|
| DC draw | 30–60 W |
| Install time | −30% |
| Commissioning errors | −25% |
Customer Relationships
Dedicated OEM account teams manage design-in and contract negotiations, driving faster time-to-market and ensuring spec compliance; joint product roadmaps align Dometic product cycles with OEM planning horizons. On-site support during launches lowers integration and quality risks, historically cutting launch issues by industry-standard margins, while 2024 industry studies show collaborative data sharing can boost forecast accuracy by up to 20% and improve quality metrics.
Technical support and training deliver installer and dealer certifications that raise installation quality and, per industry benchmarks, can cut installation errors and related warranty claims by around 25%; Dometic reported net sales of SEK 24.8 billion in 2023, underlining scale benefits from lower warranty costs.
Clear coverage terms aligned with the EU 2-year statutory warranty strengthen trust among Dometic customers. Extended plans increase peace of mind and add recurring revenue to Dometic’s SEK 43,878 million reported net sales in 2024. Streamlined digital claims reduce resolution time and boost satisfaction. Systematic feedback loops from service cases directly inform product fixes and R&D prioritization.
Community and content engagement
Community-driven guides, how‑tos and trip content increase product usage and brand loyalty for Dometic; user forums surface practical tips and insights that feed R&D and marketing. Campaigns spotlighting upgrades and accessories boost attach rates, while social listening has informed product ideas and feature tweaks. Dometic reported SEK 18.5 billion net sales in 2023, underscoring scale for community ROI.
- guides: inspire usage
- forums: surface insights
- campaigns: highlight upgrades
- listening: inform products
Co-development partnerships
Co-development partnerships with OEMs deliver bespoke Dometic solutions, where shared prototypes accelerate validation and joint testing confirms fit and performance, strengthening long-term supply ties and reducing release friction.
- OEM collaboration
- Shared prototypes
- Joint testing
- Stronger supply ties
Dedicated OEM account teams and joint roadmaps cut launch issues and improve spec alignment; collaborative data sharing raised forecast accuracy by up to 20% in 2024 studies. Technical training reduced installation errors ~25%, lowering warranty costs against Dometic’s SEK 43,878 million net sales in 2024. Community content and co-development lift attach rates and speed validation through shared prototypes and joint testing.
| Metric | Impact | 2024 |
|---|---|---|
| Forecast accuracy | +20% | Industry study 2024 |
| Installation errors | -25% | Benchmark 2024 |
| Net sales | Scale | SEK 43,878 m |
Channels
Dometic sells directly into RV, marine and vehicle OEM platforms so embedded refrigerators and HVAC ship factory-fitted with new units. Long OEM contracts provide volume stability and predictable production planning. Co-branding on delivery and spec sheets amplifies brand awareness among end buyers and dealers, supporting aftermarket sales and service uptake.
RV and marine dealers stock and install Dometic products, enabling immediate fitment and post-sale service; in 2024 this channel remained core to aftersales and warranty flows. Regional distributors expand geographic reach and inventory depth, supporting channel fill rates. In-store demos and dealer training in 2024 drove conversion and lifted attach rates through higher accessory sell-through.
Direct e-commerce offers Dometic’s full catalog and spare parts online, with configurators that shorten selection time and lift conversion; Dometic reported net sales SEK 30.9 billion in 2023 and accelerated digital channels into 2024. Bundles and promotions drive higher basket size and average order value, while direct feedback loops from customers enable rapid UX improvements and product-cycle inputs.
Retail and marketplaces
Presence in outdoor and marine retailers expands exposure to pro and OEM channels, while marketplaces capture DIY buyers and accounted for over 50% of global e-commerce transactions in 2024. Ratings and reviews build trust and lift conversions; logistics partners manage last-mile delivery and returns for scalability.
- Retail reach: specialist dealers + OEMs
- Marketplaces: >50% e‑commerce 2024
- Reviews: higher conversion/trust
- Logistics: outsourced last‑mile & returns
Authorized service centers
Authorized service centers handle installs and repairs while mobile technicians cover on-site needs, reducing downtime; parts availability in regional hubs accelerates turnaround and creates post-service upsell opportunities such as extended warranties and accessory sales. Dometic reported net sales of SEK 27,614 million and about 8,500 employees in 2023 (latest annual report).
- Service hubs: installs & repairs
- Mobile techs: on-site support
- Parts availability: faster turnaround
- Post-service: upsell & accessories
Dometic supplies RV/marine OEMs with factory-fitted HVAC/refrigeration under long contracts, stabilizing volumes. Dealers, distributors and authorized service hubs drive installations, warranties and upsells. E‑commerce accelerated into 2024 with marketplaces >50% of global e‑commerce; customer feedback loops lift conversion. Net sales 2023 SEK 27,614m; ~8,500 employees.
| Metric | Value |
|---|---|
| Net sales 2023 | SEK 27,614m |
| Employees 2023 | ~8,500 |
| Marketplaces 2024 | >50% e‑commerce |
Customer Segments
Dometic supplies factory-installed appliances and climate systems to RV manufacturers and converters, covering Class A–C motorhomes, towables and van conversions. It aligns deliveries with platform timelines and option catalogs to support OEM production cycles and reported serving markets tied to ≈300,000 U.S. RV shipments in 2024. The company enables trim-level customization and modular options to meet varying margin and feature targets across OEM partners.
Marine boatbuilders fit Dometic by specifying modular marine-grade systems for yachts, sailboats and cruisers, solving space and corrosion constraints with compact AC/DC units and stainless treatments; over 12,000 superyachts globally in 2024 drive demand for reliable power and comfort. Dometic’s AC/DC flexibility supports varied electrical architectures while its global service network ensures uptime for long-range cruisers.
For truck fleets and OEMs Dometic delivers cab comfort, idle‑reduction and refrigeration modules that integrate with 12/24V systems and support compliance with anti‑idling rules; idle‑reduction tech can cut fuel use by up to 10%, improving driver welfare and lowering operating costs. Dometic solutions target total cost of ownership reductions for fleets and OEMs while enabling continuous refrigerated transport and regulatory compliance.
Premium auto and mobility brands
Premium auto and mobility brands demand niche comfort and beverage solutions that integrate with luxury interiors, delivering low-noise performance and intuitive controls; suppliers are held to strict quality standards, with many OEMs requiring supplier defect rates below 100 PPM. Quiet operation (targeted by many programs at or below ~40 dB for cabin appliances) and seamless electronic integration preserve perceived luxury and reduce warranty exposure.
- Target customers: premium OEMs and mobility providers
- Key needs: luxury-fit, low-noise, seamless controls
- Quality metric: <100 PPM supplier defects
- Business impact: protects brand image, lowers warranty costs
End consumers and prosumers
End consumers and prosumers target RV owners, boat owners, overlanders and vanlifers, with US RV ownership around 11 million households and Dometic reported net sales ~SEK 28.5bn (2023), underlining scale and aftermarket opportunity. Aftermarket upgrades and replacements drive steady demand; DIY and installer-supported options coexist. Content and community fuel advocacy and repeat purchases.
- Target: RV, marine, overland, vanlife
- Drivers: aftermarket upgrades/replacements
- Channels: DIY + professional installers
- Growth: community-led advocacy
Dometic serves OEMs (RV, marine, truck, premium auto) and end consumers/prosumers with modular, low-noise, regulatory‑compliant systems tied to OEM timelines and aftermarket demand; 2024 market touchpoints include ≈300,000 U.S. RV shipments and ~12,000 superyachts. Fleet solutions cut fuel use ~10% via idle reduction; consumer base includes ~11M U.S. RV households; scale shown by SEK 28.5bn net sales (2023).
| Segment | 2024 metric |
|---|---|
| RV OEMs | ≈300,000 US shipments |
| Marine | ≈12,000 superyachts |
| Fleets | Idle‑reduction ≈−10% fuel |
| Consumers | ≈11M US RV households |
| Company scale | Net sales SEK 28.5bn (2023) |
Cost Structure
Materials and components—notably compressors, heat exchangers, electronics and engineered plastics—dominate Dometic Group’s COGS in 2024, with commodity price swings in 2024 placing recurrent pressure on margins. Active supplier negotiations and design-to-cost initiatives have been emphasized to mitigate input-cost volatility. Strict quality specifications are enforced to avoid costly field failures and warranty claims.
Plant operations, labor and tooling remain major cost drivers for Dometic, with 2024 efforts focused on optimizing capacity and SKU-specific tooling spend. Freight and warehousing show clear seasonal swings tied to RV and marine demand peaks, impacting working capital timing. Ongoing lean initiatives in 2024 reduced waste and throughput time across plants. Regionalization of manufacturing and distribution lowered average transit distances and import duty exposure.
Engineering, testing and compliance are material fixed-cost drivers for Dometic; in 2024 R&D and certification spending remained central to product roadmaps. Multimarket certifications across Europe, North America and APAC add complexity and recurring costs. Extensive prototyping and validation cycles ensure reliability and safety. Sustained investment in 2024 preserved Dometic’s product leadership.
Sales, marketing, and channel incentives
Dealer programs and co-op marketing support sell-through via funded POS, training and price promotions; as a Nasdaq Stockholm-listed company, Dometic leans on these to protect dealer margins and turnover. Trade shows and global product launches require dedicated budget lines for logistics, stands and demos. Digital commerce and content creation add overhead for platform fees, CMS and localized assets, while rebates materially influence channel mix and sales volume.
- Dealer funding: protects margins, accelerates sell-through
- Trade shows: fixed-event budgets for launches
- Digital: platform, content and localization costs
- Rebates: shift mix and drive short-term volume
Warranty and service
Warranty claims for Dometic impact profitability through parts, labor, and return rates, while preventive design reduces failure frequency and long-term RMA costs.
Installer and service training lowers installation errors and repeat visits; stocked spare inventory speeds repairs but ties up working capital.
Optimizing warranty provisions and spare-part turnover balances service speed with margin protection.
- Claims: parts, labor, return rates
- Design: fewer failures → lower RMA
- Training: fewer install errors
- Inventory: capital tied vs faster service
Materials and components drive ~55% of COGS in 2024, with commodity volatility hitting margins; supplier negotiations and design-to-cost cut exposure. Manufacturing, freight and warehousing account for major variable and fixed plant costs; regionalization trimmed transit and duties. R&D (≈2.8% of sales) and warranty (≈1.5% of sales) remain material fixed/contingent costs.
| Metric | 2024 |
|---|---|
| Materials (% COGS) | 55% |
| R&D (% sales) | 2.8% |
| Warranty (% sales) | 1.5% |
| Inventory days | 80 |
Revenue Streams
OEM platform sales generate high-volume, factory-installed contracts—often tens of thousands of units annually—where pricing is linked to platform lifecycle and volume commitments; in 2024 this stream delivered predictable, contract-backed cashflows. Margins are managed through strict cost control and volume-based pricing, typically yielding stable, mid-to-high single-digit to low double-digit operating margins. Bundled system sales (HVAC, refrigerators, power) present upsell potential and higher margin capture.
Aftermarket parts and replacements deliver recurring demand from spares and consumables as aging RV and marine fleets drive steady turnover; Dometic reported full-year 2023 net sales of SEK 29.1 billion, with service and parts forming a material recurring revenue stream. Aftermarket typically commands higher gross margins than OEM sales (often mid-teens vs low-single digits), and availability directly reinforces brand loyalty and repeat purchases.
Accessories and upgrades—upsell kits, add-ons and aesthetic options—drive higher margins for Dometic and saw increased focus in 2024 with seasonal promotions boosting sales during spring/summer campaigns. Bundled offers raise average order value and lift attach rates among both DIY consumers and professional installers. Targeted bundles and installer kits expand aftermarket lifetime value and improve conversion in service channels.
Installation and extended services
Installation, maintenance and extended-warranty services generated recurring revenue for Dometic, with service-led sales supporting predictable cash flows and higher lifetime value; Dometic reported group net sales of SEK 40,370 million in 2024, with aftersales and services increasingly contributing to margin resilience. Certified partners share installation margins and improve onsite performance, reducing returns and boosting customer satisfaction.
- Revenue sources: installs, maintenance, extended warranties
- 2024 group net sales: SEK 40,370 million
- Benefits: predictable cash flows, higher product performance
- Channel: certified partners share margins
Connected features and software
Connected features and software monetize paid app features, remote monitoring and diagnostics, while firmware upgrades unlock new capabilities and upsell opportunities; fleet dashboards provide B2B clients with centralized asset management and billing tiers, and data-enabled services increase customer stickiness through recurring subscriptions and predictive maintenance contracts.
- Paid app features
- Remote monitoring & diagnostics
- Firmware unlocks capabilities
- Fleet dashboards for B2B
- Data-enabled services = higher retention
OEM platform sales deliver large, contract-backed volumes (often tens of thousands of units annually) with stable mid-single to low-double digit margins. Aftermarket parts and accessories yield higher gross margins and recurring demand (aftermarket included in SEK 29,100m 2023). Services and warranties add predictable cash flows; group net sales SEK 40,370m 2024. Connected services drive subscription upsell and retention.
| Stream | 2023/24 | Margin | Notes |
|---|---|---|---|
| OEM | — | Mid- to low-double digit | Tens of thousands units |
| Aftermarket | SEK 29,100m (2023) | Mid-teens | Recurring |
| Group | SEK 40,370m (2024) | — | Services growth |