Thule Sales Bounce Back in Q4
The bottom line swung to a profit of SEK 24 million ($2.3 mm) in the fourth quarter against a loss of SEK 16 million as revenues inched down 5% to SEK 1,566 million ($146.9 mm) from SEK 1,651 million. Gross margin improved 570 basis points to 37.2%. Americas sales fell 5% to SEK 519 million ($48.7 mm) and were down 2% constant ... Log in to view full article.