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2025-02-07 Bokslutskommuniké 2024
2024-10-23 Kvartalsrapport 2024-Q3
2024-10-04 Halvårsutdelning THULE 4.75
2024-07-17 Kvartalsrapport 2024-Q2
2024-04-29 Halvårsutdelning THULE 4.75
2024-04-26 Kvartalsrapport 2024-Q1
2024-04-26 Årsstämma 2024
2024-02-09 Bokslutskommuniké 2023
2023-10-27 Kvartalsrapport 2023-Q3
2023-10-04 Halvårsutdelning THULE 4.6
2023-07-19 Kvartalsrapport 2023-Q2
2023-04-28 Halvårsutdelning THULE 4.6
2023-04-27 Kvartalsrapport 2023-Q1
2023-04-27 Årsstämma 2023
2023-02-10 Bokslutskommuniké 2022
2022-10-27 Kvartalsrapport 2022-Q3
2022-10-05 Halvårsutdelning THULE 6.5
2022-07-21 Kvartalsrapport 2022-Q2
2022-04-27 Halvårsutdelning THULE 6.5
2022-04-26 Kvartalsrapport 2022-Q1
2022-04-26 Årsstämma 2022
2022-02-09 Bokslutskommuniké 2021
2021-10-22 Kvartalsrapport 2021-Q3
2021-10-01 Halvårsutdelning THULE 4
2021-07-21 Kvartalsrapport 2021-Q2
2021-04-23 Halvårsutdelning THULE 4
2021-04-23 Bonusutdelning THULE 7.5
2021-04-22 Årsstämma 2021
2021-04-22 Kvartalsrapport 2021-Q1
2021-02-10 Bokslutskommuniké 2020
2020-10-23 Kvartalsrapport 2020-Q3
2020-10-14 Halvårsutdelning THULE 0
2020-07-21 Kvartalsrapport 2020-Q2
2020-04-29 Halvårsutdelning THULE 0
2020-04-28 Kvartalsrapport 2020-Q1
2020-04-28 Årsstämma 2020
2020-02-12 Bokslutskommuniké 2019
2019-10-25 Kvartalsrapport 2019-Q3
2019-10-04 Halvårsutdelning THULE 3.5
2019-07-18 Kvartalsrapport 2019-Q2
2019-04-29 Halvårsutdelning THULE 3.5
2019-04-26 Årsstämma 2019
2019-04-26 Kvartalsrapport 2019-Q1
2019-02-13 Bokslutskommuniké 2018
2018-10-26 Kvartalsrapport 2018-Q3
2018-10-04 Halvårsutdelning THULE 3
2018-07-19 Kvartalsrapport 2018-Q2
2018-04-26 Halvårsutdelning THULE 3
2018-04-25 Årsstämma 2018
2018-04-25 Kvartalsrapport 2018-Q1
2018-02-13 Bokslutskommuniké 2017
2017-10-27 Kvartalsrapport 2017-Q3
2017-10-05 Halvårsutdelning THULE 1.7
2017-09-20 Kapitalmarknadsdag 2017
2017-07-20 Kvartalsrapport 2017-Q2
2017-04-27 Halvårsutdelning THULE 1.7
2017-04-27 Bonusutdelning THULE 7.5
2017-04-26 Årsstämma 2017
2017-04-26 Kvartalsrapport 2017-Q1
2017-02-10 Bokslutskommuniké 2016
2016-10-28 Kvartalsrapport 2016-Q3
2016-10-06 Halvårsutdelning THULE 1.25
2016-07-21 Kvartalsrapport 2016-Q2
2016-04-27 Halvårsutdelning THULE 1.25
2016-04-26 Kvartalsrapport 2016-Q1
2016-04-26 Årsstämma 2016
2016-02-15 Bokslutskommuniké 2015
2015-11-04 Kvartalsrapport 2015-Q3
2015-10-08 Halvårsutdelning THULE 1
2015-07-22 Kvartalsrapport 2015-Q2
2015-04-30 Halvårsutdelning THULE 1
2015-04-29 Kvartalsrapport 2015-Q1
2015-04-29 Årsstämma 2015
2015-02-12 Bokslutskommuniké 2014

Beskrivning

LandSverige
ListaLarge Cap Stockholm
SektorHandel & varor
IndustriSällanköpsvaror
Thule Grup är verksamt inom detaljhandeln. Bolaget bedriver produktion och försäljning utav produkter för sport- och fritidsbranschen. Produktportföljen är bred och inkluderar huvudsakligen cykelutrustning, vatten- och vintersportutrustning samt väskor och fodral. Verksamhet innehas global nivå med produkter som säljs under varumärkena Thule och Case Logic. Bolaget grundades 1942 och har sitt huvudkontor i Malmö.
2019-02-13 07:46:00

Strong growth for the quarter and full year
After the fourth quarter, we can summarize another year of healthy sales growth of 6.0 percent and high profitability, with an EBIT margin of 18.0 percent. This is despite the fact that we invested 6 percent of sales in product development, which is in line with our focus on long-term organic growth.

Sales in the fourth quarter climbed to SEK 1,157m (1,006), an increase of 15.0 percent (8.0 percent after currency adjustment). During the quarter, EBIT declined SEK 1m, which was in line with our expectations. Factors that impacted profitability were the anticipated under-utilization of production capacity during the ramp-up phase for new products, the continued negative impact of higher material prices and major investments in product development during this quarter.
As communicated earlier, we ended the year with a deliberate build-up of inventory levels, mainly driven by future product launches. The higher inventory levels will continue until the summer of 2019.
Region Europe & ROW remains strong
In the fourth quarter, sales increased 13.0 percent (after currency adjustment) in Region Europe & ROW, which means that currency-adjusted growth for the full year was 10.3 percent.
Our largest category, Sport&Cargo Carriers, continued its rapid growth, with an increase of 9 percent for the full year.
Active with Kids grew by 24 percent during the year, with the most rapid expansion in the fourth quarter, driven by the launch of the Thule Sleek stroller.
The end to the year continued well for RV Products, which is a major category for the region and in which we achieved 14 percent growth for the year.
The only disappointment in the region was Packs, Bags & Luggage with a decline of 3 percent. Despite growth in the new focus categories (suitcases, backpacks, sports bags), we were unable to offset the sales decline that was greater than expected in the older categories that we term Legacy (camera bags, tablet cases).
Slightly more positive in Region Americas
In Region Americas, sales increased 0.2 percent after currency adjustment during the fourth quarter. This means that for the full year, currency-adjusted sales declined by 3.3 percent.
The planned phase-out of less profitable products linked to certain OE contracts in Sport&Cargo Carriers as well as Packs, Bags & Luggage reduced sales by SEK 16m for the quarter and with SEK 60m for the full year.
In Sport&Cargo Carriers, the fourth quarter was the strongest for the year, but sales for the full year declined 2 percent after currency adjustment.
Packs, Bags & Luggage, had a weak performance for the full year, partly due to the planned phase-out of certain OE contracts, but also due to a more significant decline than expected in sales of our Legacy products.
Active with Kids was the most rapidly expanding category in Region Americas and ended the year with growth of 13 percent.
RV Products, which is a marginal category for the region, grew by 2 percent in a challenging market.
A minor acquisition with many synergies
On December 18, we acquired Tepui Outdoors Inc., one of North America's leading manufacturers of Roof Top Tents, with sales of USD 6.1m in 2018. Sales of this type of products have steadily grown in recent years and the synergies between the Thule brand's market-leading position for solutions to take along equipment by car and Tepui's Roof Top Tents are obvious from a marketing and manufacturing perspective. The acquisition is not expected to have any material impact on the group's sales and earnings. Moving forward Roof Top Tents will be reported in the Sport&Cargo Carriers category.
An exciting spring season awaits
We are entering a very exciting year, with a broad range of new product launches in new sales channels for new categories. In the first quarter, the new hard suitcase series, Thule Revolve, will appear in stores and at the beginning of the second quarter, our updated portfolio of bike racks, roof boxes and roof racks, as well as our design-winning products for motorhomes will enter their high season. We will also
continue the roll-out of the Thule Sleek strollers and launch a broader offering of backpacks.
Overall, the energy level is high within the company ahead of the upcoming important spring season and we are looking forward to a successful year with growth in both regions and in all categories.
For the full report - please visit www.thulegroup.com 
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