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    THULE   SE0006422390

THULE GROUP AB (PUBL)

(THULE)
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Bengt Baron declines re-election as chairman of Thule Group, the nomination committee proposes the board member Hans Eckerstr÷m as his successor.

11/19/2021 | 09:34am EST

Bengt Baron, current Chairman of the Board Directors of Thule Group AB (publ), has informed the Nomination Committee that he will not stand for re-election at the 2022 Annual General Meeting. The Nomination Committee has decided to propose the current Board member Hans Eckerström as the new Chairman of the Board, in connection with the Annual General Meeting.

Bengt Baron has been a board member of Thule Group since 2011. He was elected chariman of the board in connection with the 2018 Annual General Meeting.

Hans Eckerström has a long-standing commitment to Thule Group since he was elected board member in 2007. He has a master's degree in engineering from Chalmers University of Technology and a master's degree in economics from the University of Gothenburg. Today, in addition to the board assignment in Thule Group, he has, among other assignments the role as Chairman of the Board of ProFoto Invest AB (publ) and Aligro Planet Aquistion AB (publ), and is a board member of Swedbank AB (publ).

For further information about Bengt Baron and Hans Eckerström, see Thule Group's website https://www.thulegroup.com/en/members-of-the-board

© Modular Finance, source Nordic Press Releases

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Financials
Sales 2021 10 312 M 1 099 M 1 099 M
Net income 2021 1 798 M 192 M 192 M
Net Debt 2021 1 014 M 108 M 108 M
P/E ratio 2021 25,8x
Yield 2021 2,92%
Capitalization 46 175 M 4 930 M 4 921 M
EV / Sales 2021 4,58x
EV / Sales 2022 4,35x
Nbr of Employees 2 600
Free-Float 98,8%
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Mean consensus HOLD
Number of Analysts 4
Last Close Price 445,40 SEK
Average target price 498,33 SEK
Spread / Average Target 11,9%
EPS Revisions
Managers and Directors
Jan Magnus Welander President & Chief Executive Officer
Jonas Lindqvist Chief Financial Officer
Bengt Baron Chairman
Hans Gunnar Eckerstr÷m Independent Director
HelÚne Mellquist Independent Director
Sector and Competitors