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Article Date: May 2022
Word Count: 165

Thule Raises Long Term Goals

The Swedish sports and outdoor company expanded its 2030 revenue target to SEK 20 billion ($3.2 bb), up from SEK 10.4 billion last year, while maintaining an EBIT margin of more than 20%. The new goal represents a 28% hike from its previous target of doubling 2020 sales. To help achieve the plan, Thule announced it was entering two new categories: car seats and dog transport. The first car seat offering will be available in the European market in fall 2023, with the ... Log in to view full article.


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