Thule Group (publ) - Interim report, first quarter, January–March 2023
Net sales for the quarter amounted to SEK 2,226m (3,034), corresponding to a decrease of 26.6 percent. Adjusted for exchange rate fluctuations, sales declined 31.4 percent.
Operating income amounted to SEK 382m (692), corresponding to a margin of 17.2 percent (22.8).Adjusted for exchange rate fluctuations, the operating margin decreased 5.5 percentage points.
Net income amounted to SEK 275m (527).
Cash flow from operating activities totaled SEK 19m (outflow: 526).
Earnings per share before dilution amounted toSEK 2.63 (5.04).