Global Group Meeting with investors, digital

A digital group meeting with Mattias Ankarberg, CEO and President Thule Group, was arranged with investors, Tuesday November 28, 2023, at 4.00 p.m. CET.

Topics
- Sales trend with two plus, bike-related products and Europe, and two minus, RV products and Region Americas
- Two new product categories coming in 2024
- Continued high product development spend and underutilization of factories with higher fixed costs 
- Increased focus on sales growth: product development, new categories and consumer visibility
- Sales and cost trends have different implications for winter and summer quarters