Thule Group (publ) - Interim report, first quarter, January – March 2022

Report
Thule Group (publ) Interim Report For The First Quarter 2022
Presentations
Presentation for conference call, Q1 2022
Webcast
Related
Transcript from analyst call after Thule Group Q1-report 2022
Thule Groups' (publ) CEO and President, Magnus Welander, comments on the company's Interim Q1 Report, 2022
Press release
Thule Group (publ) - Interim report, first quarter, January – March 2022
  • Net sales for the quarter amounted to SEK 3,034m (2,538), corresponding to an increase of 19.5 percent. Adjusted for exchange rate fluctuations, sales increased 13.4 percent.
  • Operating income amounted to SEK 692m (594), corresponding to a margin of 22.8 percent (23.4). Adjusted for exchange rate fluctuations, the operating margin increased 0.4 percentage points.
  • Net income amounted to SEK 527m (447).
  • Cash flow from operating activities totaled an outflow of SEK 526m (inflow: 72).
  • Earnings per share before dilution amounted to SEK 5.04 (4.28).

Contacts

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

About Thule Group

Thule Group is a global sports and outdoor company.
We offer high-quality products with smart features and a sustainable design that make it easy for people across the globe to live an active life. Under the motto Active Life, Simplified. — and with a focus on consumer-driven innovation and long-term sustainability — we develop, manufacture and market products within the product categories Sport&Cargo Carriers (roof racks, roof boxes and carriers for transporting cycling, water and winter sports equipment, and rooftop tents mounted on a car), Active with Kids (strollers, bike trailers and child bike seats), RV Products (awnings, bike racks and tents for RVs and caravans) and Packs, Bags & Luggage (hiking backpacks, luggage and camera bags).

Thule Group has about 3,300 employees at 9 production facilities and 35 sales offices worldwide. The Group’s products are sold in 140 markets and in 2021, sales amounted to SEK 10.4 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 2022-04-26 07:45 CEST.

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