Thule Group (publ) - Interim report for the first quarter, January-March 2017
Thule Group AB (publ) published its quarterly report for the period Q1 (January–March) 2017, on Wednesday 26 April, 2017, at 07:45 a.m. CET.
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Thule Group (publ) - Interim report for the first quarter, January-March 2017
- Net sales for the quarter amounted to SEK 1,599m (1,380), corresponding to an increase of 15.9 percent. Adjusted for exchange rate fluctuations, sales rose 12.3 percent.
- Underlying EBIT amounted to SEK 280m (235), corresponding to an increase of 19.4 percent and a margin of 17.5 percent (17.0). After adjustment for exchange rate fluctuations, underlying EBIT rose 14.0 percent and the margin improved 0.3 percentage points.
- Net income amounted to SEK 203m (169).
- Cash flow from operating activities was a negative SEK 172m (neg: 31).
- Earnings per share before dilution amounted to SEK 2.00 (1.67).
- Divestment of Specialty is proceeding on schedule.
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, 2017, at 09:30 a.m. (CET).
The conference will be in English.
Information about the conference call is available at www.thulegroup.com
| This information is information that Thule Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 07h45 a.m. CET on April 26, 2017. |