Thule Group (publ) - Interim report for the second quarter, April-June 2018
On Thursday July 19, 2018, at 07:45 a.m. (CET), Thule Group AB (publ) published its interim report Q2, 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 present and comment on the report.
Report
Presentations
Related
Press release
Thule Group (publ) - Interim report for the second quarter, April-June 2018
- Net sales for the second quarter amounted to SEK 2,155m (1,955), corresponding to an increase of 10.2 percent. Adjusted for exchange rate fluctuations, sales rose 7.0 percent.
- Operating income totaled SEK 523m (474), corresponding to an increase of 10.4 percent and a margin of 24.3 percent (24.2). Adjusted for exchange rate fluctuations, operating income rose 6.6 percent.
- Net income was SEK 385m (348).
- Cash flow from operating activities totaled SEK 305m (416).
- Earnings per share before dilution amounted to SEK 3.73 (3.41).
- New financing agreement — Thule Group has entered into a new loan agreement that replaces the agreement contracted in conjunction with the IPO in November 2014. The new loan agreement, which entered force on June 29, 2018, is a revolving credit facility of EUR 300m with a maturity of five years and an option for extension of up to two years.
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, 19 July, 2018, at 10:00 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 (publ) 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 19 July, 2018
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