Thule Posts Q1 Gains, but Americas Declines
Net income increased 8% to SEK 220 million ($27 mm) from SEK 203 million in the first quarter on 6% higher sales to SEK 1,611 million ($199 mm) from SEK 1,526 million. Gross margin increased 70 basis points to 41.6%. Americas sales dropped 13% (-4% constant currency) to SEK ... Log in to view full article.