Tag
Outdoor Equipment
2 articles
Thule Q2 Profit Beats Estimates, Margins Rise
Thule posted Q2 adjusted operating profit of kr779 million, 0.9% above consensus, despite net sales missing by 1% due to FX drag.
Adjusted operating margin expanded to 22.8% from 21.6% YoY, with gross
Thule Q2 Profit Beats Forecast, 22.8% Margin
Thule reported Q2 net sales of kr3.42 bn, 1% below consensus, with a 2‑percentage‑point FX drag despite 2.5% organic growth.
Adjusted operating profit rose to kr779 m, 0.9% above expectations, driven