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Thule Group (publ) – Year-end report, fourth quarter, October–December 2022

Fourth Quarter Net sales for the quarter amounted to SEK 1,651m (1,846), corresponding to a decrease of 10.6 percent. Adjusted for exchange rate fluctuations, sales declined 21.0 percent. Operating income amounted to SEK 4m (190), corresponding to a margin of 0.2 percent (10.3). Adjusted for exchange rate fluctuations, the operating margin decreased 11.5 percentage points. […]

Thule Group (publ) – Year-end report, fourth quarter, October–December 2022 Read More »

Thule Group (publ) – Bokslutskommuniké fjärde kvartalet, oktober-december 2022

Fjärde kvartalet Nettoomsättning för kvartalet uppgick till 1 651 Mkr (1 846) vilket motsvarar en minskning med 10,6 procent. Justerat för valutakursförändringar minskade försäljningen med 21,0 procent. Rörelseresultat uppgick till 4 Mkr (190), vilket motsvarar en marginal om 0,2 procent (10,3). Justerat för valutakursförändringar minskade rörelsemarginalen med 11,5 procentenheter. Nettoresultat uppgick till -16 Mkr (154).

Thule Group (publ) – Bokslutskommuniké fjärde kvartalet, oktober-december 2022 Read More »

Thule Group (publ) – Interim report, third quarter, July–September 2022

Third Quarter Net sales for the quarter amounted to SEK 2,139m (2,772), corresponding to a decrease of 22.8 percent. Adjusted for exchange rate fluctuations, sales declined 29.4 percent. Operating income amounted to SEK 193m (670), corresponding to a margin of 9.0 percent (24.2). Net income amounted to SEK 137m (516). Cash flow from operating activities

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Thule Group (publ) – Delårsrapport tredje kvartalet, juli-september 2022

Tredje kvartalet Nettoomsättning för kvartalet uppgick till 2 139 Mkr (2 772) vilket motsvarar en minskning med 22,8 procent. Justerat för valutakursförändringar minskade försäljningen med 29,4 procent. Rörelseresultat uppgick till 193 Mkr (670), vilket motsvarar en marginal om 9,0 procent (24,2). Nettoresultat uppgick till 137 Mkr (516). Kassaflöde från den löpande verksamheten var 543 Mkr

Thule Group (publ) – Delårsrapport tredje kvartalet, juli-september 2022 Read More »

Clarification of the previously communicated impact from the current market situation in the bicycle industry

On September 11, 2022, Thule Group gave a trading update on the negative impact of the current market situation in bike retail. High inventory levels of bicycles and bicycle accessories at retailers in Europe as well as North America were expected to negatively impact Thule Group’s sales and profitability until the next bike season, spring 2023.

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Förtydligande om tidigare kommunicerad påverkan från rådande marknadssituation inom cykelbranschen

Thule Group gav den 11 september 2022 en uppdatering om negativ påverkan från rådande marknadssituation inom cykelbranschen. Höga lagernivåer av cyklar och cykeltillbehör hos återförsäljare i Europa såväl som Nordamerika förväntades påverka Thule Groups försäljning och resultat negativt fram till nästa cykelsäsong, våren 2023.

Förtydligande om tidigare kommunicerad påverkan från rådande marknadssituation inom cykelbranschen Read More »

Uppdatering om påverkan från rådande marknadssituation inom cykelbranschen

Thule Group kommunicerade i samband med halvårsrapporten den 21 juli, 2022, att den generella situationen hos cykelåterförsäljare då var obalanserad med höga lagernivåer av cyklar och cykeltillbehör i stora delar av låg- och mellanprissegmentet, samt att detta kunde påverka efterfrågan på Thule produkter. Denna situation har förstärkts ytterligare och cykelåterförsäljare i hela världen har markant minskat sina inköp jämfört med rekordåret 2021. Vi gör bedömningen att cykelhandlarnas nuvarande agerande kommer att fortsätta i närtid och därmed påverka Thule Groups försäljning och resultat negativt fram till nästa cykelsäsong, våren 2023.

Uppdatering om påverkan från rådande marknadssituation inom cykelbranschen Read More »

Trading update on the impact of the current market situation within the bike retail sector

Thule Group communicated in the half-year report on July 21 that the general market situation in bike retail, at the time, was unstable with high inventory levels of bikes and bike accessories in the low- to mid-price segment and that the situation could impact the demand for Thule products. The situation has amplified, as bike retailers around the world have reduced their purchases significantly in the third quarter when comparing with the record year 2021. We believe that the chosen approach of the bike retail sector will continue in the near future and therefore impact Thule Group with reduced sales and profitability until next biking season in the spring of 2023.

Trading update on the impact of the current market situation within the bike retail sector Read More »

Lovisa Steen
Communications advisor, sustainability communications
070 550 59 28
lovisa@vero.se

For me, communication is ultimately about relationships – and about shaping messages so they truly resonate with the receiver. As an advisor within both investor relations and sustainability communications, I strongly believe that long-term value creation and sustainability go hand in hand, and that how you communicate can make a real difference in building trust and engagement. I thrive in close collaborations where strategies are shaped through dialogue. In my work, I support companies across industries and stages of development, navigating both planned milestones and unforeseen events. Prior to Vero, I worked in audit at EY, primarily with listed companies. That experience allows me to combine a trained eye for numbers with the ability to translate complex facts into strategic, trust-building communication.

I joined Vero in January 2026 and hold a Bachelor’s degree in Business Administration, with focus on International Business and Marketing, from Uppsala University.

Maria Montgomery
Project manager
+46 707 57 84 85
maria@vero.se
When many things happen at once, strategic communication truly makes a difference – both internally and externally. As project manager and advisor at Vero, I work closely with clients and teams in complex, time-sensitive situations as well as in long-term engagements.

I lead assignments within crisis communications and M&A, and I am always ready to step in operationally with responsibility for communications when needed.

I joined Vero in 2021. Previously, I worked as Communications Strategist at the City of Stockholm. I hold a degree in Strategic Communication from Lund University and have completed advanced project management training at Berghs School of Communication.
"What you water, will grow."

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