Thule : Presentation at Danske Bank Outdoor Seminar, September 1, 2021

Thule Group at

Danske Bank

Outdoor Seminar

2021-09-01

Thule Group: A lifestyle company focused on sustainable profitable growth

SUSTAINABILITY APPROACH
GLOBAL LIFESTYLE BRAND
		GROWTH WITH	+	POSSIBILITY FOR
PRODUCT DRIVEN GROWTH		STRONG CASH
	STRATEGIC M&A
		GENERATION
EFFICIENT & FLEXIBLE SUPPLY CHAIN
RETAIL SUPPORT & PUSH

SHAREHOLDER

RETURNS

2

2021-09-01

Thule Group at Danske Bank Outdoor Seminar

Questions raised by Danske Bank specifically for this Outdoor Seminarium

• How much of your revenues relate to Outdoor activities?
• How do you believe the Covid-pandemic and its consequences have affected demand short-term as well as structurally with a longer time horizon?
• Do the current trends pose new opportuntities and/or challenges for you as a company?

3

2021-09-01

Thule Group at Danske Bank Outdoor Seminar

Thule Group: Continuous growth since IPO aided by several macro trends

Reported Net Sales (2014 - 2021 Jun R12)

Bio SEK

10,0

5,0

-

2014	2015	2016	2017	2018	2019	2020	2021 Jun
							R12

Reported EBIT (2014 - 2021 Jun R12)

Bio SEK

2,5

2,0

1,5

1,0

0,5

-

2014	2015	2016	2017	2018	2019	2020	2021 Jun
							R12

Note: Remaining Business Segments. Growth including smaller acquisitions.

4

2021-09-01

Thule Group at Danske Bank Outdoor Seminar

Share of Sales 2020 by Region and Product Category

SPORT & CARGO		RV PRODUCTS		ACTIVE WITH KIDS		PACKS, BAGS &
CARRIERS				LUGGAGE

64%

15%

13%

8%

	REGION	72%		REGION	28%
	EUROPE &
		AMERICAS
	RoW

5

2021-09-01

Thule Group at Danske Bank Outdoor Seminar