Thule Group CEO and President Magnus Welander comments on the first quarter, January-March, 2017
A very strong first quarter2017 started well, with sales growth of 14 percent (after currency adjustment) for our Outdoor&Bags operations and continued favorable profitability.Region Europe & ROW once again proved to be a strong driving force in terms of growth, surpassing our expectations with sales growth of 17 percent (after currency adjustment).I am also pleased that Region Americas delivered growth of 7 percent (after currency adjustment), despite a continued challenging market situation for retailers in the U.S.Our EBIT improved 14 percent (after currency adjustment), despite