{"id":3749,"date":"2023-07-19T06:45:00","date_gmt":"2023-07-19T05:45:00","guid":{"rendered":"https:\/\/vero.se\/mfn_news\/thule-group-publ-interim-report-second-quarter-april-june-2023\/"},"modified":"2023-07-19T06:45:00","modified_gmt":"2023-07-19T05:45:00","slug":"thule-group-publ-interim-report-second-quarter-april-june-2023","status":"publish","type":"mfn_news","link":"https:\/\/vero.se\/en\/mfn_news\/thule-group-publ-interim-report-second-quarter-april-june-2023\/","title":{"rendered":"Thule Group (publ) &#8211; Interim report, second quarter, April\u2013June 2023"},"content":{"rendered":"<div class=\"mfn-body\">\n<ul>\n<li><strong>Net sales<\/strong> for the quarter amounted to SEK 3,029m (3,314), corresponding to a decrease of 8.6 percent. Adjusted for exchange rate fluctuations, sales declined 15.1 percent.<\/li>\n<li><strong>Operating income<\/strong> amounted to SEK 711m (817), corresponding to a margin of 23.5 percent (24.7).<strong> <\/strong>Adjusted for exchange rate fluctuations, the operating margin decreased 1.3 percentage points.<\/li>\n<li><strong>Net income<\/strong> amounted to SEK 539m (626).<\/li>\n<li><strong>Cash flow from operating activities <\/strong>totaled SEK 718m (489).<\/li>\n<li><strong>Earnings per share before dilution <\/strong>amounted to<strong> <\/strong>SEK 5.14 (5.99).<\/li>\n<\/ul>\n<\/div>\n<div class=\"mfn-footer mfn-contacts mfn-6580929907e9\">\n<hr\/>\n<p><strong class=\"mfn-heading-1\">Contacts<\/strong><br \/>Fredrik Erlandsson SVP Communications and Investor Relations  <br \/>Tel: +46 70 309 00 21  <br \/>E-mail: <a href=\"mailto:fredrik.erlandsson@thule.com\" rel=\"noopener\" target=\"_blank\">fredrik.erlandsson@thule.com<\/a><\/p>\n<\/div>\n<div class=\"mfn-footer mfn-about mfn-3d8b2fc4095a\">\n<hr\/>\n<p><strong class=\"mfn-heading-1\">About Thule Group<\/strong><br \/>Thule Group is a global sports and outdoor company. We offer high-quality products with smart features and a sustainable design that make it easy for people across the globe to live an active life. Under the motto <em>Active Life, Simplified<\/em> \u2014 and with a focus on consumer-driven innovation and long-term sustainability \u2014 we develop, manufacture and market products within the product categories <strong>Sport&amp;Cargo Carriers<\/strong> (roof racks, roof boxes and carriers for transporting cycling, water and winter sports equipment, and rooftop tents mounted on a car), <strong>Juvenile &amp; Pet Products <\/strong>(strollers, bike trailers and child bike seats), <strong>RV Products<\/strong> (awnings, bike carriers and tents for RVs and caravans) and <strong>Packs, Bags &amp; Luggage<\/strong> <br \/>(hiking backpacks, luggage and camera bags).<br \/>\u00a0<br \/>Thule Group has about 2,600 employees at nine production facilities and 35 sales offices worldwide. The Group\u2019s products are sold in 138 markets and in 2022, sales amounted to SEK 10.1 billion.<br \/>www.thulegroup.com<\/p>\n<\/div>\n<div class=\"mfn-footer mfn-regulatory mfn-regulatory-mar-vpml\">\n<p><em>This information is information that Thule Group is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-07-19 07:45 CEST.<\/em><\/p>\n<\/div>\n<div class=\"mfn-footer mfn-attachment mfn-attachment-general\">\n<hr\/>\n<p><strong class=\"mfn-heading-1\">Attachments<\/strong><br \/><a class=\"mfn-primary\" href=\"https:\/\/storage.mfn.se\/289f9b10-9a99-40f1-a7c6-7f5f38661232\/thule-group-publ-interim-report-for-the-second-quarter-2023.pdf\" rel=\"noopener\" target=\"_blank\">Thule Group (publ) Interim Report For The Second Quarter 2023<\/a><\/p>\n<\/div>\n<script>\n                Array.prototype.slice.call(document.querySelectorAll(\".mfn-footer.mfn-attachment\")).forEach(function (el) { el.remove() });\n            <\/script>\n        <div class=\"mfn-attachments-container\"><div class=\"mfn-attachment\"><a class=\"mfn-attachment-link\" href=\"https:\/\/storage.mfn.se\/289f9b10-9a99-40f1-a7c6-7f5f38661232\/thule-group-publ-interim-report-for-the-second-quarter-2023.pdf\"><span class=\"mfn-attachment-icon\"><img decoding=\"async\" src=\"https:\/\/storage.mfn.se\/289f9b10-9a99-40f1-a7c6-7f5f38661232\/thule-group-publ-interim-report-for-the-second-quarter-2023.pdf?type=jpg\"><\/span>Thule Group (publ) Interim Report For The Second Quarter 2023<\/a><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Net sales for the quarter amounted to SEK 3,029m (3,314), corresponding to a decrease of 8.6 percent. Adjusted for exchange rate fluctuations, sales declined 15.1 percent. Operating income amounted to SEK 711m (817), corresponding to a margin of 23.5 percent (24.7). Adjusted for exchange rate fluctuations, the operating margin decreased 1.3 percentage points. Net income [&hellip;]<\/p>","protected":false},"template":"","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}}},"class_list":["post-3749","mfn_news","type-mfn_news","status-publish","hentry","mfn-news-tag-mfn-lang-en","mfn-news-tag-mfn-report-interim","mfn-news-tag-mfn-type-ir","mfn-news-tag-mfn-regulatory-mar","mfn-news-tag-mfn","mfn-news-tag-mfn-report-interim-q2","mfn-news-tag-mfn-regulatory","mfn-news-tag-mfn-report","mfn-news-tag-mfn-regulatory-vpml"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Thule Group (publ) - Interim report, second quarter, April\u2013June 2023 - Kommunikationsbyr\u00e5 Stockholm | Vero Kommunikation AB<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/vero.se\/en\/mfn_news\/thule-group-publ-interim-report-second-quarter-april-june-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Thule Group (publ) - Interim report, second quarter, April\u2013June 2023 - Kommunikationsbyr\u00e5 Stockholm | Vero Kommunikation AB\" \/>\n<meta property=\"og:description\" content=\"Net sales for the quarter amounted to SEK 3,029m (3,314), corresponding to a decrease of 8.6 percent. Adjusted for exchange rate fluctuations, sales declined 15.1 percent. Operating income amounted to SEK 711m (817), corresponding to a margin of 23.5 percent (24.7). Adjusted for exchange rate fluctuations, the operating margin decreased 1.3 percentage points. 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