Thule Surges on Strength in Europe
Net income increased 11% to SEK 385 million ($47.5 mm) from SEK 348 million in the second quarter, on 10% higher revenues of SEK 2,155 million ($265.7 mm) against SEK 1,955 million. Gross margin was flat at 42.2%. Americas sales dipped 6% (-4% constant currency) to SEK 579 million hurt by an ongoing phase-out of lower ... Log in to view full article.