Thule Group AB (OSTO:THULE)
kr 293.4 8 (2.8%) Market Cap: 31.02 Bil Enterprise Value: 32.79 Bil PE Ratio: 27.19 PB Ratio: 4.41 GF Score: 67/100

Q2 2021 Thule Group AB Earnings Call Transcript

Jul 21, 2021 / 08:00AM GMT
Release Date Price: kr427.2 (+12.18%)
Operator

Ladies and gentlemen, welcome to the Thule Group interim report Q2 call. My name is Nadia, and I will be coordinating the call today. (Operator Instructions)

I will now hand over to your host, Magnus Welander, CEO of Thule Group, to begin. So Magnus, please go ahead.

Magnus Welander;publ;CEO;President
Thule Group AB

()-&

Thank you, Nadia. So good morning, everybody, and very welcome to a very positive second quarter result for the Thule Group.

So I am very happy to report that our strong momentum continues. The very strong 3 quarters in a row we've had has now become a fourth very strong quarter with significant growth over the previous year. So our sales -- if we go to the first page, our sales for the first year was -- for the second quarter was SEK 3.229 billion, which was a 69% core foreign exchange adjusted constant currency growth. And we grew in both regions, so a faster growth in the second quarter in Europe with 74%, currency adjusted and 53% in Region Americas. If you take the

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot