Brief: Thule Updates Long-Term Targets

Thule AB

20/11/2025 07:44

Nov 20 (Reuters) - Thule Group AB THULE.ST:

SAID ON WEDNESDAY UPDATES LONG-TERM FINANCIAL TARGETS

SALES TARGET IS CHANGED TO 7 PERCENT ANNUAL ORGANIC GROWTH FROM THE PREVIOUS TARGET OF SEK 20 BILLION IN REVENUE BY 2030

EBIT MARGIN OF 20 PERCENT (PREVIOUS TARGET: LONG TERM MAINTAIN >20% UNDERLYING EBIT MARGIN)

DIVIDEND AT OR ABOVE 75 PERCENT OF NET INCOME (PREVIOUS TARGET: >75% IN ORDINARY DIVIDEND, IN RELATION TO NET INCOME)

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