Brief: Thule Group Q4 Operating Income Down At SEK 190 Mln

Thule AB

09/02/2022 06:50

Feb 9 (Reuters) - Thule Group AB  THULE.ST :
    * YEAR-END REPORT, FOURTH QUARTER, OCTOBER–DECEMBER 2021
    * Q4 NET SALES FOR QUARTER AMOUNTED TO SEK 1,846M (1,605),
CORRESPONDING TO AN INCREASE OF 15.0 PERCENT
    * Q4 OPERATING INCOME AMOUNTED TO SEK 190M (241),
CORRESPONDING TO
A MARGIN OF 10.3 PERCENT (15.0).
    * Q4 NET INCOME AMOUNTED TO SEK 154M (164).
    * PROPOSES A DIVIDEND OF SEK 13.00 PER SHARE WHICH, BASED ON
NUMBER OF SHARES OUTSTANDING AT FEBRUARY 9, 2022, CORRESPONDS TO
A DIVIDEND OF SEK 1,359M.
    * IN 2022, WE WILL INVEST ABOUT 5 PERCENT OF OUR TURNOVER IN
EXPANDING AND RENOVATING EXISTING PRODUCTION FACILITIES, WHICH
IS HIGHER THAN OUR HISTORICAL LEVELS.

Source text for Eikon:  ID:nMFNr2rT9 
Further company coverage:  THULE.ST 

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