Regulatory

Thule Group (publ) Bokslutskommuniké fjärde kvartalet, oktober-december 2024

Fjärde kvartalet Nettoomsättningen för kvartalet uppgick till 1 678 Mkr (1 566) vilket motsvarar en ökning med 7,2 procent, därav 6,8 procent från förvärv, -0,6 procent från organisk tillväxt och 1,0 procent från valutakursförändringar. Rörelseresultatet för kvartalet uppgick till -35 Mkr (53). Justerat rörelseresultat (exklusive transaktionskostnader på 100 Mkr under fjärde kvartalet 2024 hänförliga till

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Thule Group (publ) Year-end report, fourth quarter, October–December 2024

Fourth Quarter Net sales for the quarter amounted to SEK 1,678m (1,566), corresponding to an increase of 7.2 percent, of which 6.8 percent came from acquisitions, -0.6 percent organically and 1.0 percent from exchange rate fluctuations. Operating result for the quarter amounted to SEK -35m (53). Adjusted operating income (excluding transaction costs of SEK 100m

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Thule Group slutför förvärvet av Quad Lock

Den 11 november 2024 annonserade Thule Group förvärvet av Quad Lock, den globala marknadsledaren inom robusta mobilfästen för äventyrare (”performance phone mounts”), som ger cyklister, motorcyklister och andra tillgång till sina mobiltelefoner medan de är aktiva. Förvärvet var villkorat av myndighetsgodkännande från Australian Foreign Investment Review Board, vilket har erhållits. Förvärvet har idag slutförts och Quad Lock är del av Thule Group från och med den 4 december 2024.

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Thule Group completes the acquisition of Quad Lock

On November 11, 2024, Thule Group announced the acquisition of Quad Lock, the global market leader in performance phone mount solutions, giving cyclists, motorcyclists, and other adventurers access to their mobile phones while being active. The acquisition was subject to regulatory approval from the Australian Foreign Investment Review Board, which now has been obtained. The acquisition has today been completed and Quad Lock is part of Thule Group as of December 4, 2024.

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Thule Group acquires Quad Lock, the global market leader in performance phone mounts

Thule Group has signed an agreement to acquire Quad Lock, the global market leader in performance phone mount solutions, giving cyclists, motorcyclists and other adventurers access to their mobile phones while being active. Quad Lock has a turnover of SEK 1.4 billion with a 25 percent EBITDA margin, and fits well with Thule’s brand and strategy of developing market-leading positions in attractive niches. The purchase price amounts to AUD 500 million, or approximately SEK 3.6 billion, which corresponds to a multiple of 10x EBITDA.

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Thule Group förvärvar Quad Lock, den globala marknadsledaren inom robusta mobilfästen

Thule Group har tecknat avtal om att förvärva Quad Lock, den globala marknadsledaren inom robusta mobilfästen för äventyrare (”performance phone mounts”), som ger cyklister, motorcyklister och andra tillgång till sina mobiltelefoner medan de är aktiva. Quad Lock omsätter 1,4 miljarder SEK med 25 procent EBITDA-marginal, och passar väl in med Thules varumärke och strategi att utveckla marknadsledande positioner i attraktiva nischer. Köpeskillingen uppgår till 500 MAUD, vilket motsvarar cirka 3,6 miljarder SEK och en multipel om 10x EBITDA.

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Maria Montgomery
Project manager

Maria has been a project manager at Vero since 2021, focusing primarily on strategic communication consulting. She has led assignments in crisis communication, corporate acquisitions, and has served as the communications manager for both publicly listed and private companies.

Previously, Maria worked as a communications strategist at the City of Stockholm, specializing in change management, project management, social media, web, events, and media relations. She holds a degree in Strategic Communication from Lund University and has completed project management training at Berghs School of Communication.

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