The company is planning to expand the market-leading “champion” products in its portfolio over the next decade to support new long-term financial targets, it revealed at its 2025 Investor Day. Thule’s new five-year plan replaces its 2030 fixed revenue target of SEK 20 billion ($2.1 bb) with 7% annual organic growth goal, also aiming for an EBIT margin of 20.0% and a dividend payout ratio at or above 75%. Revenue last year was SEK 9,541 million, so the old target would have required a CAGR of more than 13%. Looking at ... Log in to view full article.