- Q1 2024 Thule Group AB Earnings Call TranscriptApr 26, 2024kr302.8 (+0.87%)Earnings
- Full Year 2023 Thule Group AB Earnings Call TranscriptFeb 09, 2024kr291.2 (+5.78%)Earnings
- Q3 2023 Thule Group AB Earnings Call TranscriptOct 27, 2023kr240 (-1.80%)Earnings
- Q2 2023 Thule Group AB Earnings Presentation (Q&A) TranscriptJul 19, 2023
- Q2 2023 Thule Group AB Earnings Call TranscriptJul 19, 2023kr327.8 (+8.11%)Earnings
- Q1 2023 Thule Group AB Earnings Call TranscriptApr 27, 2023kr295.8 (+13.81%)Earnings
- Q4 2022 Thule Group AB Earnings Call TranscriptFeb 10, 2023kr225.5 (-14.55%)Earnings
- Q3 2022 Thule Group AB Earnings Call TranscriptOct 27, 2022kr218 (-3.02%)Earnings
- Thule Group AB Trading Update Call TranscriptSep 12, 2022
- Q2 2022 Thule Group AB Earnings Call TranscriptJul 21, 2022kr292.5 (+3.91%)Earnings
- Thule Group AB Capital Markets Day TranscriptMay 11, 2022
- Q1 2022 Thule Group AB Earnings Call TranscriptApr 26, 2022kr347.1 (-4.06%)Earnings
- Q4 2021 Thule Group AB Earnings Call TranscriptFeb 09, 2022kr440.2 (+3.77%)Earnings
- Q3 2021 Thule Group AB Earnings Call TranscriptOct 22, 2021kr490.6 (+9.22%)Earnings
- Q2 2021 Thule Group AB Earnings Call TranscriptJul 21, 2021kr427.2 (+12.18%)Earnings
- Thule Group AB CEO Presentation - Pre Recorded TranscriptApr 22, 2021
- Q1 2021 Thule Group AB Earnings Call TranscriptApr 22, 2021kr409.8 (+1.29%)Earnings
- Q4 2020 Thule Group AB Earnings Call TranscriptFeb 10, 2021kr339.4 (+5.14%)Earnings
- Q3 2020 Thule Group AB Earnings Call TranscriptOct 23, 2020kr311.6 (+6.13%)Earnings
- Q2 2020 Thule Group AB Earnings Call TranscriptJul 21, 2020kr263.2 (+4.44%)Earnings
- Q1 2020 Thule Group AB Earnings Call TranscriptApr 28, 2020kr180.9 (+2.55%)Earnings
- Q4 2019 Thule Group AB Earnings Call TranscriptFeb 12, 2020kr231 (-1.28%)Earnings
- Q3 2019 Thule Group AB Earnings Call TranscriptOct 25, 2019kr208 (+9.19%)Earnings
- Q2 2019 Thule Group AB Earnings Call TranscriptJul 18, 2019kr203.4 (-4.06%)Earnings
- Q1 2019 Thule Group AB Earnings Call TranscriptApr 26, 2019kr218.6 (+3.11%)Earnings
Thule Group AB Trading Update Call Transcript
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Thank you very much. Good morning, ladies and gentlemen. As was announced, it is a trading update, and what we're talking about here in this trading update is what has been happening in the bike retail sector as the third quarter has initiated.
As you all will remember that when we did our 2022 Q2 report in July, we announced the fact that we saw some trends in the bike retailers with too much inventory of some low entry-level and mid-level products in general, both specifically on the bikes themselves, but also in various forms of bike gear. And we said that, that could potentially impact the situation for the product sales.
This situation has clearly amplified as the quarter has started and we have seen markedly reduced sales versus the exceptionally strong record year in 2021, which is why we do this trading update now.
So logically, what is key for us is, of course, then to look at the situation, what it means short term and what we believe it could potentially impact
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