Thule Group AB (THLPF) Q1 2025 Earnings Call Highlights: Strong Revenue Growth Amidst North ...
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 30 2025
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Source: Yahoo Finance
Financial Performance: Thule Group AB reported a 10% increase in revenue to SEK2.662 billion, with a gross margin improvement to 44.8%, despite a decline in North American sales by 12.6% and negative cash flow from operations of SEK334 million.
Strategic Initiatives: The company is focused on reducing inventory by SEK200 million by 2025, adapting to market conditions with price adjustments due to tariffs, and experiencing strong growth in its direct-to-consumer platform, while also integrating the Quad Lock acquisition successfully.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
