Thule Group AB (OSTO:THULE)
kr 281 0 (0%) Market Cap: 29.71 Bil Enterprise Value: 31.76 Bil PE Ratio: 26.38 PB Ratio: 3.95 GF Score: 71/100
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Q2 2019 Thule Group AB Earnings Call Transcript

Jul 18, 2019 / 08:00AM GMT
Release Date Price: kr203.4 (-4.06%)
Operator

Ladies and gentlemen, welcome to the Thule Group Interim Report Q2 2019. My name is Breeka, and I'll be coordinating your call today. (Operator Instructions) I will now hand over to your host, Magnus Welander, the CEO. So Magnus, please go ahead.

Magnus Welander;publ;CEO;President
Thule Group AB

()-&

Thank you very much. Good morning, everybody, in this lovely moment, sunny weather day, where we are reporting our second quarter report. And if we go to the first slide of the presentation, we can sum up that the quarter was another quarter of profitable growth for the Thule Group.

I would summarize in saying that it was an okay quarter in our view. We had a 7.3% growth, 3% in -- excluding the currency effects. And if you look at it, we grew in the biggest region, Region Europe and Rest of the World with 3.2%. And I will come back to that. We did mention already in the quarter 1 report that we had some phasing in sales early -- or late into Q1 that would impact somewhat in Q2. So I'm going to come back

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