Financial

Thule’s margins hold up as Q1 sales grow 20%

By Heather O'Brian 2022-04-26T08:21:00

thule_group_logo_black

Thule Group saw growth across geographies and product lines in the first quarter of 2022, with sales rising by a reported 19.5 percent compared to the year-earlier to 3,034 million Swedish kronor (€291.7m). On a currency-adjusted basis, sales increased by 13.4 percent. Margins were resilient as price hikes and efficiency ...

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