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Article Date: April 2022
Word Count: 163

Thule Sees Double-Digit Sales and Profit Gains

Net income increased 18% in the first quarter to SEK 527 million ($56.5 mm) from SEK 447 million last year, on 20% higher revenues of SEK 3,034 million ($325.1 mm) up from SEK 2,538 million. Sales of all major product groups were higher. The Americas region posted a 27% increase in constant currency sales to SEK 2,158 million with improvement in bike carriers and trailers, computer backpacks and products for winter and water sports. Europe and RoW increased 9% to SEK ... Log in to view full article.


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