Brief: Thule To Launch New Bike Carrier Innovations By Spring 2025

Thule AB

23/10/2024 06:55

Oct 23 (Reuters) - Thule Group AB  THULE.ST :
    * MARKET CONTINUES TO BE CHALLENGING, WITH CAUTIOUS CONSUMERS AND RETAILERS
    * NORTH AMERICAN MARKET REMAINS MORE CHALLENGING THAN ITS EUROPEAN
COUNTERPART
    * Q3 GROWTH WAS STRONGEST WITHIN JUVENILE & PET, WHICH INCREASED 15 PERCENT
    * IN Q3, REDUCTION IN INVENTORY LEVELS CONTINUED TO OUTPACE OUR GOAL FOR
YEAR
    * NEW PRODUCT LAUNCHES IN OTHER EUROPEAN COUNTRIES ARE COMING IN Q4
    * WE WILL LAUNCH OTHER IMPORTANT NEW PRODUCTS AND INNOVATIONS WITHIN BIKE
CARRIERS
AS EARLY AS SPRING 2025

Source text for Workspace:  ID:nMFN1P4F9R 
Further company coverage:  THULE.ST 

 (Reporting by Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))