Thule Group maintains Q2 gross margin on price hikes, efficiencies

20220721-969bb96f-f2f4-4411-a047-4e5a2c032986-2

Source: Thule Group

Thule Group was able to maintain its second-quarter gross margin rate at 42.2 percent year-on-year through price increases and efficiencies that helped offset negative margin impacts from higher raw material costs and freight prices coupled with unfavorable exchange rates. Net income fell by 7 percent to 626 million Swedish kronor ...

Sign-in  if you already subscribe to The Outdoor industry Compass.

barrier_image_OIC

Subscribe today

Get access to what the top decision makers are reading in the outdoor industry.

  • Analysis across Retail, Sustainability, Technology, Corporate and M&A, Financial Development, Market and Trends, Legal & Regulation, Trade & Sourcing and more
  • Essential weekly E-mail Briefings with the latest analysis and most important industry developments
  • Find inspiration to drive your business forward with our case studies and best practices on business opportunities
  • Guest chronicles, C-Suite interviews, insights  from industry experts and leaders that are shaping the future of the industry
  • Organisation-wide access  across offices, people and devices