Thule Group (publ) - Interim report for the first quarter, January-March, 2018

On Wednesday April 25, 2018, at 07:45 a.m. CET, Thule Group AB (publ) has published its interim report Q1, 2018.

Following the publication of the report, Thule Group arrange a conference call with a web presentation.

CEO and President Magnus Welander and CFO Lennart Mauritzson will present and comment on the report. 

Press release
Thule Group (publ) - Interim report for the first quarter, January-March, 2018

  • Net sales for the quarter amounted to SEK 1,611m (1,526), corresponding to an increase of 5.6 percent. Adjusted for exchange rate fluctuations, sales rose 5.5 percent.

  • Operating income totaled SEK 309m (271), corresponding to an increase of 14.2 percent and a margin of 19.2 percent (17.7). After adjustment for exchange rate fluctuations, operating income rose 8.4 percent and the margin improved 0.5 percentage points.

  • Net income was SEK 220m (197).

  • Cash flow from operating activities amounted to an outflow of SEK 214m (outflow: 172).

  • Earnings per share before dilution amounted to SEK 2.15 (1.94).

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 25, 2018, at 09:30 a.m. (CET).
The conference will be in English.
Information about the conference call is available at www.thulegroup.com 

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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 25, 2018.

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