Brief: Thule Group Q1 Operating Income Rises To SEK 594 Mln

Thule AB

22/04/2021 06:50

April 22 (Reuters) - Thule Group AB  THULE.ST :
    * THULE GROUP (PUBL) - INTERIM REPORT, FIRST QUARTER,
JANUARY–MARCH 2021
    * Q1 NET SALES FOR QUARTER AMOUNTED TO SEK 2,538M (1,744),
CORRESPONDING TO AN INCREASE OF 45.5 PERCENT
    * Q1 OPERATING INCOME AMOUNTED TO SEK 594M (325),
CORRESPONDING TO
A MARGIN OF 23.4 PERCENT (18.7).
    * NEW LONG-TERM TARGETS HAVE BEEN ESTABLISHED BY BOARD OF
DIRECTORS WITH DOUBLED SALES BY 2030, A MAINTAINED EBIT MARGIN
OF >20%, A RAISED DIVIDEND LEVEL TO >75% OF NET PROFIT,

Source text for Eikon:  ID:nMFN2S2N2 
Further company coverage:  THULE.ST 

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