Thule Group AB (publ) reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was SEK 2,226 million compared to SEK 3,034 million a year ago. Net income was SEK 275 million compared to SEK 527 million a year ago.

Basic earnings per share from continuing operations was SEK 2.63 compared to SEK 5.04 a year ago. Diluted earnings per share from continuing operations was SEK 2.62 compared to SEK 4.99 a year ago.