Thule Sales, Profits Inch Higher in Q2
Net income improved by 4% to SEK 559 million ($52.3 mm) in the second quarter from SEK 539 million last year, as revenues increased 2% to SEK 3,099 million ($290.2 mm) from SEK 3,029 million. Americas sales grew 2% (+1% CC) to SEK 796 million, driven by bike related products, juvenile & pet and packs, bags & luggage. The market here continues to be very promotional, Thule said. Europe & RoW sales ... Log in to view full article.