Thule Group (publ) interim report for the second quarter, April - June, 2015
The interim report for the period April – June 2015 was published on 22 July, 2015.
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Press release
Thule Group (publ) interim report for the second quarter, April - June, 2015
The quarter in Summary
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Net sales for the quarter amounted to SEK 1,700m (1,416) corresponding to an increase of 20.0 percent. Adjusted for exchange rate fluctuations, sales rose 6.4 percent.
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Underlying EBIT amounted to SEK 352m (300), corresponding to an increase of 17.2 percent, with an operating margin of 20.7 percent (21.2). Adjusted for exchange rate fluctuations, underlying EBIT rose 8.7 percent and the operating margin improved 0.5 percentage points.
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Net income for the period was SEK 254m (142).
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Cash flow from operating activities[1] was SEK 248m (170).
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Earnings per share before dilution amounted to SEK 2.54 (1.68).
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, July 22, at 11:00 a.m. (CET).
For participation please dial:
United Kingdom +44 203 428 14 36
USA +1 855 831 59 44
Sweden +46 8 566 427 01
Web presentation
The link to the live broadcast will be published on
http://cloud.magneetto.com/wonderland/2015_0722_Thule_Q2_Report/view
A replay of the call we be available at www.thulegroup.com/en/reports later during the day.
| 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 22 July, 2015 at 08.00 a.m. CET. |
[1]The comparative figures are based on the total operations, meaning both continuing operations and operations discontinued in 2014.