Thule Group CEO and President Magnus Welander comments on the third quarter, July-September, 2017
Strong trend continuesIn the third quarter the positive growth trend achieved during the year in both of our sales regions continued. Sales growth was 8.5%(after currency adjustment) during the quarter and we achieved an underlying EBIT margin of 18.6%.The high profitability was achieved despite being, as previously announced, in the midst of the most ambitious period in the company’s history in terms of product development investments in our traditional categories as well as in our newer categories, such as strollers.New long-term targets and new categories Our first capital markets