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Article Date: April 2017
Word Count: 107

Thule Sales, Income, Gain in Q1

Net income increased 20% to SEK 203 million ($22.7 million) from SEK 169 million in the first quarter, as sales expanded 16% to SEK 1,599 million ($179.2 million) from SEK 1,380 million. Gross margin slipped 80 basis points to 40.0% due to changes in mix and rising raw materials costs. Americas constant currency ... Log in to view full article.


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