Thule Group AB (publ) (THUPY)
| Market Cap | 2.38B -13.3% |
| Revenue (ttm) | 1.04B +1.5% |
| Net Income | 124.72M +18.0% |
| EPS | 0.59 +17.6% |
| Shares Out | n/a |
| PE Ratio | 18.49 |
| Forward PE | 16.88 |
| Dividend | 0.43 (3.92%) |
| Ex-Dividend Date | Oct 5, 2026 |
| Volume | 61 |
| Open | 10.72 |
| Previous Close | 10.83 |
| Day's Range | 10.72 - 10.91 |
| 52-Week Range | 9.18 - 13.36 |
| Beta | 1.26 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Oct 22, 2026 |
About Thule Group AB
Thule Group AB (publ) operates as a sports and outdoor company in Europe, North America, and internationally. It offers roof boxes, roof racks, bike carriers, rooftop tents, and windbreakers, as well as solutions for water and winter sports. The company also provides bike trailers, jogging and all-terrain strollers, child bikes, car seats, and carriers and harnesses for dog transportation; and duffel bags, backpacks, luggage, laptop bags, hiking backpacks, camera bags, and cases for consumer electronics. It sells its products under the Case Log... [Read more]
Financial Performance
In 2025, Thule Group AB's revenue was 10.43 billion, an increase of 9.31% compared to the previous year's 9.54 billion. Earnings were 1.11 billion, a decrease of -0.71%.
Financial numbers in SEK Financial StatementsNews
Thule Group AB Earnings Call Transcript: Q3 2026
Q3 sales rose 3% to SEK 2.6bn, with 1.2% organic growth and a 20% EBIT margin that included SEK 52m in tariff refunds. Active with Kids & Dogs grew 22% organically, helping offset RV weakness as efficiency actions and price increases supported profitability.
Thule Group AB Quarterly report: Q3 2026
Thule Group AB has published its Q3 2026 quarterly earnings report on October 22, 2026.
Thule Group AB Slides: Q3 2026
Thule Group AB has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on October 22, 2026.
Thule Group AB Transcript: Pre-close call
Organic growth and margin improvements continue, led by strong performance in Active with Kids & Dogs and successful new product launches. Cost inflation is being managed through price increases, with further margin protection expected in Q4. Strategic investments and acquisitions support long-term growth.
Thule Group AB Slides: Pre-close call
Thule Group AB has posted slides in relation to its latest quarterly earnings report, which was published on September 23, 2026.
Thule Group AB Earnings Call Transcript: Q2 2026
Q2 saw continued organic growth and record gross margin, with all segments growing and strong cash flow supporting deleveraging. North America remains challenging, but Europe drives growth, and new product launches and efficiency gains support margin expansion.
Thule Group AB Quarterly report: Q2 2026
Thule Group AB has published its Q2 2026 quarterly earnings report on July 20, 2026.
Thule Group AB Slides: Q2 2026
Thule Group AB has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 20, 2026.
Thule Group AB Transcript: Pre-close call
Organic growth and improved profitability continue despite tough markets, with strong performance in champion categories and new product launches. Cost efficiencies, price increases, and a diversified funding base support stable margins and liquidity. Material and freight cost risks are managed, with further updates expected at the Q2 results call.
Thule Group AB Slides: Pre-close call
Thule Group AB has posted slides in relation to its latest quarterly earnings report, which was published on June 17, 2026.
Thule Group AB Earnings Call Transcript: Q1 2026
Organic sales grew 4% year-over-year with improved profitability, led by strong gains in Active with Kids and Dogs and RV Products. Gross margin remained high, EBIT margin rose to 16.5%, and cash flow from operations turned positive. Leverage is expected to decline in coming quarters.
Thule Group AB Quarterly report: Q1 2026
Thule Group AB has published its Q1 2026 quarterly earnings report on April 29, 2026.
Thule Group AB Slides: Q1 2026
Thule Group AB has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 29, 2026.
Thule Group upgraded to Hold from Sell at SEB Equities
SEB Equities analyst Gustav Hageus upgraded Thule Group (THUPY) to Hold from Sell with a SEK 220 price target
Thule Group AB Transcript: Pre-close call
Q4 saw sequential improvement, with growth driven by acquisitions and a recovering RV market in Europe. Efficiency initiatives, new product launches, and modest price increases are expected to support margin and revenue growth in 2026, despite FX headwinds and cautious consumer sentiment.
Thule Group AB Slides: Pre-close call
Thule Group AB has posted slides in relation to its latest quarterly earnings report, which was published on March 30, 2026.
Thule Group AB Earnings Call Transcript: Q4 2025
Record sales and profit achieved in 2025, driven by new products, Quad Lock acquisition, and strong gross margin. Despite FX headwinds and cautious markets, growth in new categories and efficiency gains support a positive outlook for 2026.
Thule Group AB Annual report: Q4 2025
Thule Group AB has published its Q4 2025 annual report on February 10, 2026.
Thule Group AB Quarterly report: Q4 2025
Thule Group AB has published its Q4 2025 quarterly earnings report on February 10, 2026.
Thule Group AB Slides: Q4 2025
Thule Group AB has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on February 10, 2026.
Thule Group AB Transcript: Pre-close call
Q3 saw strong reported sales growth but negative organic growth due to cautious demand, with Q4 expected to mirror Q3's challenging market, especially in the US. Strategic focus remains on champion product categories, efficiency, and innovation, with new launches and price increases implemented. Quad Lock's Q4 growth is set to rebound, though margins will be lower due to Black Week.
Thule Group AB Slides: Pre-close call
Thule Group AB has posted slides in relation to its latest quarterly earnings report, which was published on January 9, 2026.
Thule Group AB Slides: SEB Nordic Seminar presentation
Thule Group AB has posted slides in relation to its latest quarterly earnings report, which was published on January 7, 2026.
Thule Group initiated with a Neutral at UBS
UBS analyst Louise Wiseur initiated coverage of Thule Group (THUPY) with a Neutral rating and SEK 260 price target The firm is cautious on retailers and consumers in the near-term.
Thule Group AB Transcript: CMD 2025
New financial targets set at 7% organic growth, 20% EBIT margin, and 75% dividend payout, with a strategy focused on expanding champion product categories and driving innovation. Growth will be fueled by consumer trends, efficiency gains, and targeted M&A, while maintaining strong cash flow and capital discipline.