All Thule articles – Page 2
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News briefs
Syring to leave Thule, Dittmer takes over Central European sales
Thule Group announced on Jan. 29 that company veteran Wolfram Dittmer will assume sales responsibility for Central Europe as a result of the resignation of Thomas Syring, who led the Swedish brand’s Central European sales for the past four years. In total, Syring had been with the company for nearly ...
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Article
Thule gets sales rebound late in the quarter
Thule Group, the Swedish company best known for its roof boxes and bike racks, but also selling strollers, luggage and roof tents, saw its net income for the second quarter drop by 25.6 percent from the year-ago quarter to 312 million Swedish kronor (€30.5m-$34.8 m), while revenues went down by ...
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News briefs
Thule launches Tepui rooftop tents in Italy
Thule has introduced its Tepui rooftop tents in Italy. Thule acquired the Tepui brand in late 2018 and integrated the products into its own portfolio under the Thule Tepui brand name. The product lines to be sold on the Italian market include the Tepui Explorer and Tepui Hybox series. The ...
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News briefs
Rebranded Thule Tepui rooftop tents available in the U.S.
Thule has begun selling its Tepui rooftop tents in the USA. In late 2018, Thule acquired the Tepui brand and integrated the products into its own portfolio under the ”Thule Tepui” brand name. The tents previously offered by Tepui were now re-introduced under the new brand, along with the all-new ...
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Article
Thule grants warrants after a small sales drop
While withholding the payment of dividends to save cash because of the Covid-19 epidemic, Thule Group’s annual meeting approved an incentive program for executives and key employees after the company reported a relatively small 7.5 percent decline in sales during the first quarter of 2020, with drops of 13 percent ...
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News briefs
Remote voting for Thule’s annual general meeting
Thule Group is encouraging shareholders to exercise their voting rights remotely in advance of the Swedish company’s annual general meeting, scheduled for April 28, in order to minimize the number of people gathered at its location. They have to fill out and send a registration form by April 22 to ...
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News briefs
New CFO for Thule
Thule has announced that Marianne Bonrud Hagelqvist, the current group accounting director, has taken over as acting chief financial officer of Thule Group, effective Feb. 14. She is replacing Lennart Mauritzson, who has resigned as CFO, until Jonas Lindqvist, currently chief financial officer at Arjo, a global supplier of medical ...
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News briefs
Mixed results for Thule
(SGI) The phasing-out of low-margin contracts with OEMs in the U.S. had a negative impact on Thule’s sales of SEK 11 million Swedish kronor (€1.0m-$1.1m) for the fourth quarter and accounted for half of the negative trend in the region. The Swedish company is known for its roof racks, roof ...
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