Regulatory

Nomination committee appointed ahead of 2023 Annual General Meeting of Thule Group (publ)

In accordance with the decision of the Annual General Meeting, Thule Group´s nomination committee shall consist of the four largest shareholders as of August 31 each year and the Chairman of the Board, who also convenes the first meeting of the Nomination Committee. Thule Group hereby announces that the nomination committee has now been appointed ahead of the Annual General Meeting in April 2023.

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Valberedning utsedd inför årsstämman 2023 i Thule Group AB (publ)

Enligt årsstämmans beslut ska Thule Groups valberedning utgöras av representanter för de fyra röstmässigt största aktieägarna per den 31 augusti varje år, samt av styrelsens ordförande som även ska sammankalla valberedningen till dess första sammanträde. Thule Group meddelar att valberedningen nu har utsetts inför årsstämman i april 2023.

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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.

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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.

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Thule Group (publ) – Interim report, second quarter, April-June 2022

Net sales for the quarter amounted to SEK 3,314m (3,229), corresponding to an increase of 2.6 percent. Adjusted for exchange rate fluctuations, sales declined 3.4 percent. Operating income amounted to SEK 817m (886), corresponding to a margin of 24.7 percent (27.4). Net income amounted to SEK 626m (672) Cash flow from operating activities totaled SEK

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Thule Group (publ) – Delårsrapport andra kvartalet, april-juni 2022

Nettoomsättning för kvartalet uppgick till 3 314 Mkr (3 229) vilket motsvarar en ökning med 2,6 procent. Justerat för valutakursförändringar minskade försäljningen med 3,4 procent. Rörelseresultat uppgick till 817 Mkr (886), vilket motsvarar en marginal om 24,7 procent (27,4). Nettoresultat uppgick till 626 Mkr (672). Kassaflöde från den löpande verksamheten var 489 Mkr (867). Resultat

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Lovisa Steen
Communications advisor, sustainability communications

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
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.
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