Comprehensive net income increased 31% in the final quarter to SEK46 million ($5.3 mm) from SEK35 million on 15% higher revenues (+8% constant currency) at SEK1,157 million ($133.1 mm) compared to $1,006 million. Net income was SEK44 million excluding comprehensive items, against a loss of SEK41 million last year that included a one time charge for revaluation of deferred tax receivables because of the Tax Act. Gross margin was down 180 basis points to 37.8%. For the full year, Thule’s comprehensive net income increased 64% to SEK1,040 million ($119.7 mm) from SEK634 million as the top line expanded 10% to ... Log in to view full article.