Thule : Interim report for the second quarter, April-June 2019
July 18, 2019 at 02:10 am EDT
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Net sales for the quarter amounted to SEK 2,311m (2,155), corresponding to an increase of 7.3 percent. Adjusted for exchange rate fluctuations, sales rose 3.0 percent.
Operating income totaled SEK 558m (523), corresponding to an increase of 6.6 percent and a margin of 24.1 percent (24.3). Adjusted for exchange rate fluctuations, operating income declined 0.6 percent.
Net income was SEK 419m (385).
Cash flow from operating activities totaled SEK 431m (305).
Earnings per share before dilution amounted to SEK 4.06 (3.73).
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Thule Group AB published this content on 18 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 July 2019 06:09:06 UTC
Thule Group AB is a Sweden-based company engaged in the development and manufacture of sport, outdoor and cargo products. Its offering is divided in two business segments: Outdoor&Bags and Specialty. The Outdoor&Bags segment comprises three product categories: sport and cargo carriers, bags for electronic devices, and other outdoor and bags; as well as several product groups, namely bike and car carriers, water and winter carriers, camera bags, laptop cases, recreational vehicle products, roof racks, and sports and travel bags, among others. The Specialty segment comprises two product categories: work gear and snow chains; and such product groups as pick-up truck tool boxes, and professional and consumer snow chains. The Companyâs brands are Thule, Case Logic, Konig, UWS, TracRac and SportRac. Its products are sold to retailers, distributors and wholesalers and available in more than 130 countries. The Company is a subsidiary of Thule Group.
THULE GROUP AB 
