Interim report for the first quarter, January-March, 2016
Thule Group AB (publ) published its quarterly report for the period January–March 2016 on April 26, 2016.
Report
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Press release
Interim report for the first quarter, January-March, 2016
- Net sales for the quarter amounted to SEK 1,380m (1,309) corresponding to an increase of 5.5 percent. Adjusted for exchange rate fluctuations, sales rose 6.0 percent.
- Underlying EBIT amounted to SEK 235m (206), corresponding to an increase of 13.8 percent and a margin of 17.0 percent (15.7). Adjusted for exchange rate fluctuations, underlying EBIT rose 15.0 percent and the margin improved 1.3 percentage points.
- Net income was SEK 169m (139).
- Cash flow from operating activities was a negative SEK 31m (neg: 151).
- Earnings per share before dilution amounted to SEK 1.67 (1.39).
The full report is available at www.thulegroup.com
Conference call
A combined press- and analyst call with Magnus Welander, CEO and President,
and Lennart Mauritzson, CFO, is scheduled for today, April 26, 2016, at 09:30 a.m. (CET).
Information about the conference call is available at www.thulegroup.com
| This information is disclosed in accordance with the Securities Markets Act and/or the Swedish Financial Instruments Trading Act. The information was submitted for publication on 26 April, 2016 at 07.45 a.m. CET. |