Thule Group (publ) interim report for the second quarter, April – June, 2015
The quarter in Summary ·Net sales for the quarter amounted to SEK 1,700m (1,416) corresponding to an increase of 20.0 percent. Adjusted for exchange rate fluctuations, sales rose 6.4 percent. ·Underlying EBIT amounted to SEK 352m (300), corresponding to an increase of 17.2 percent, with an operating margin of 20.7 percent (21.2). Adjusted for exchange rate fluctuations, underlying EBIT rose 8.7 percent and the operating margin improved 0.5 percentage points. ·Net income for the period was SEK 254m (142). ·Cash flow from operating activities[1] was