Thule Group (publ) - Interim report for the second quarter, April-June 2017

Thule Group AB (publ) published its quarterly report for the period Q2 (April–June) 2017, on Thursday 20 July, 2017, at 07:45 a.m. CET.

Press release
Thule Group (publ) - Interim report for the second quarter, April-June 2017

    • Net sales for the quarter amounted to SEK 1,955m (1,725), corresponding to an increase of 13.3 percent. Adjusted for exchange-rate fluctuations, sales rose 8.6 percent.

    • Underlying EBIT amounted to SEK 474m (414), corresponding to an increase of 14.7 percent and a margin of 24.3 percent (24.0). After adjustment for exchange-rate fluctuations, underlying EBIT rose 14.1 percent and the margin improved 1.2 percentage points. 

    • Net income totaled SEK 348 (304). 

    • Cash flow from operating activities totaled SEK 416m (381). 

    • Earnings per share before dilution amounted to SEK 3.41 (3.01). 

    • The Specialty segment was divested during the period and is thus reported under discontinued operations. 


Conference call

A combined press- and analyst call with Magnus Welander, CEO and President, and Lennart Mauritzson, CFO, is scheduled for today, July 20, 2017, at 10:00 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 July 20, 2017.

---

expand_less