Thule Group (publ) – Year-end report, fourth quarter, October-December 2017
Fourth Quarter · Net sales 1) for the quarter amounted to SEK 1,006m (983), corresponding to an increase of 2.3 percent. Adjusted for exchange rate fluctuations, sales rose 6.5 percent. · Operating income 1) amounted to SEK 65m (55). Underlying EBIT was SEK 65m (59), corresponding to an increase of 11.4 percent and a margin of 6.5 percent (6.0). After adjustment for exchange rate fluctuations, underlying EBIT rose 15.5 percent and the margin improved 0.5 percentage points. · Net income 1) was negative SEK 40m (income: 30). · Cash flow from operating activities 2) totaled