Thule Q1 Driven by New Product Launches
Net income was up 9% to SEK 300 million ($28.1 mm) in the first quarter from SEK 275 million, on revenues that improved 9% (+8% CC) to SEK 2,420 million ($227.0 mm) from SEK 2,226 million. Americas sales grew 3% (+3% CC) to SEK 545 million ($51.1 mm), on strong demand for bike-related products from retailers, offsetting packs, bags, and luggage sales as legacy products continue to be gradually phased out. Demand for RV ... Log in to view full article.
