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Thule Group (publ) Interim report for the third quarter, July–September 2019

  • Net sales for the quarter amounted to SEK 1,682m (1,561), corresponding to an increase of 7.7 percent. Adjusted for exchange rate fluctuations, sales rose 3.9 percent.
  • Underlying EBIT amounted to SEK 274m (267), corresponding to an increase of 2.6 percent and a margin of 16.3 percent (17.1). Adjusted for exchange rate fluctuations, the margin declined 1.4 percentage points.
  • Operating income totaled SEK 249m (267) and was impacted by a cost of SEK 25m pertaining to a product recall.
  • Net income was SEK 181m (189).
  • Cash flow from operating activities totaled SEK 571m (499).
  • Earnings per share before dilution amounted to SEK 1.75 (1.83).

Contacts

Fredrik Erlandsson SVP Communications and Investor Relations
Tel: +46 70 309 00 21
E-mail: [email protected]

About Us

Thule Group is a world leader in products that make it easy to bring the things you care for — easily, securely and in style — when living an active life. Under the motto Active Life, Simplified. — we offer products within Sport&Cargo Carriers (roof racks, roof boxes and carriers for transporting cycling, water and winter equipment, and roof top tents mounted on car), Active with Kids (bike trailers, strollers and child bike seats), RV Products (awnings, bike carriers and tents for motorhomes and caravans) and Packs, Bags & Luggage (e.g. computer and camera bags, luggage and hiking backpacks).
Thule Group has about 2,300 employees at nine production facilities and 35 sales offices worldwide. The Group’s products are sold in 140 markets and in 2018, sales amounted to SEK 6.5 billion.

www.thulegroup.com

This information is information that Thule Group is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2019-10-25 07:45 CEST.

Thule Group (publ) Interim Report For The Third Quarter, 2019 (730.82 KB)
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