Brief: Thule Proposes Dividend Of SEK 9.50 Per Share

Thule AB

09/02/2024 07:19

Feb 9 (Reuters) - Thule Group AB  THULE.ST :
    * SALES IN THE FOURTH QUARTER, THE YEAR’S SMALLEST, 
DECREASED 6
PERCENT (IN CONSTANT CURRENCY)  COMPARED WITH THE YEAR-EARLIER
PERIOD
    * FOR THE FULL-YEAR 2023, SALES DECLINED 15 PERCENT
    * IN Q4 THE BOARD OF DIRECTORS PROPOSES A DIVIDEND OF SEK
9.50 PER
SHARE (9.20)
    * CASH FLOW FROM OPERATING ACTIVITIES  WAS VERY STRONG AND
TOTALED
SEK 1.85 BILLION
    * WE  HAVE FOCUSED ON REDUCING INVENTORY LEVELS AND I’M 
PLEASED
THAT THIS HAS RESULTED IN A YEAR-ON-YEAR  DECREASE OF SEK 801M
    * THIS MEANS THAT WE WELL  EXCEEDED OUR GOAL TO REDUCE
INVENTORY
BY  SEK 600M

Source text for Eikon:  ID:nMFN7BJ1C9 
Further company coverage:  THULE.ST 

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