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Thule Group AB (THULE.ST)

THULE.ST on Stockholm Stock Exchange

182.40SEK
11:42am GMT
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Volume
36,785
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193.20kr
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142.00kr

Latest Key Developments (Source: Significant Developments)

Thule sees positive impact on effective tax rate from 2018 due to U.S tax reform
Monday, 15 Jan 2018 

Jan 15 (Reuters) - Thule ::IMPACT OF THE US TAX REFORM ON THULE GROUP.SAYS ‍THULE GROUP ESTIMATES THAT US FEDERAL TAX RATE REDUCTION FROM 35% TO 21% WILL HAVE A POSITIVE IMPACT ON GROUP'S EFFECTIVE TAX RATE PAID IN US FROM 2018 ONWARDS​.SAYS ‍IN INTERIM REPORT AS OF 30 SEPTEMBER, THULE GROUP REPORTED DEFERRED TAX ASSETS OF APPROXIMATELY USD 40 MILLION IN UNITED STATES​.SAYS ‍DUE TO REDUCTION OF FEDERAL TAX, VALUE OF GROUP'S DEFERRED NET TAX ASSETS IS EXPECTED TO DECREASE BY APPROXIMATELY USD 14 MILLION.THE WRITE-DOWN OF DEFERRED TAX ASSETS WILL BE REPORTED AS A TAX EXPENSE IN THE FOURTH QUARTER OF 2017​.  Full Article

Thule Group Opens New Production Facility In Poland
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - THULE ::‍INVESTMENT IN NEW PLANT AMOUNTS TO SEK 80 MILLION.​.GROUP OPENS A NEW PRODUCTION FACILITY IN PILA, POLAND, FOR INCREASED CAPACITY AND NEW PRODUCT CATEGORIES.  Full Article

Thule Group's nomination committee plans to propose Bengt Baron as new chairman
Friday, 3 Nov 2017 

Nov 3 (Reuters) - THULE :THULE GROUP AB - THE NOMINATION COMMITTEE FOR THULE GROUP AB INTENDS TO PROPOSE BENGT BARON AS NEW CHAIRMAN OF THE BOARD IN CONNECTION WITH THE AGM 2018.‍CURRENT CHAIRMAN OF BOARD STEFAN JACOBSSON DECLINED RE-ELECTION​.  Full Article

Aker Solutions bolsters London LNG team with four hires
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Aker Solutions Asa :Says is bolstering its liquefied natural gas capabilities to capitalize on an expected surge in global demand for the fuel.Says has hired four leading specialists with extensive experience from executing more than 30 lng projects globally.The new London-based team is part of the company's front end group, which provides early-phase engineering and consultancy services for energy projects.Aker Solutions is involved in a number of LNG projects around the world, including a liquefaction facility in the U.S. and a floating LNG facility in West Africa.Says demand for gas is expected to outpace oil and coal over the next 20 years, with LNG consumption more than doubling.  Full Article

Thule Q3 underlying EBIT up at SEK 258 mln
Friday, 27 Oct 2017 

Oct 27 (Reuters) - THULE ::‍NET SALES FOR Q3 AMOUNTED TO SEK 1,385M (1,295),​.Q3 UNDERLYING EBIT AMOUNTED TO SEK 258M (238),​.Q3 NET INCOME WAS SEK 185M (156)‍​.PLANS LARGER INVESTMENTS THAN EVER IN PRODUCT DEVELOPMENT, FOR PRODUCTS THAT WILL BE LAUNCHED IN 2018 AND THEREAFTER‍​.  Full Article

Thule Group: Chairman Stefan Jacobsson declines re-election
Monday, 9 Oct 2017 

Oct 9 (Reuters) - THULE ::STEFAN JACOBSSON DECLINES RE-ELECTION AT THE ANNUAL GENERAL MEETING 2018.‍STEFAN JACOBSSON, CHAIRMAN OF BOARD OF DIRECTORS INFORMED NOMINATION COMMITTEE THAT HE WILL NOT STAND FOR RE-ELECTION​.‍NOMINATION COMMITTEE HAS STARTED WORK ON FINDING A SUCCESSOR​.  Full Article

Thule Q4 underlying EBIT jumps to SEK 68 mln
Friday, 10 Feb 2017 

Thule : Q4 net sales 1.07 billion Swedish crowns ($120.15 million) versus 980 million crowns year ago . Q4 underlying EBIT 68 million crowns versus 48 million crowns year ago . Proposes an ordinary dividend of 3.40 crowns per share .Board also proposes an extraordinary dividend of 7.50 crowns per share.  Full Article

Thule Q2 underlying EBIT up at SEK 420 million
Thursday, 21 Jul 2016 

Thule Group AB : Q2 underlying EBIT 420 million Swedish crowns ($48.9 million) versus 374 million crowns year ago .Q2 net sales 1.80 billion crowns versus 1.69 billion crowns year ago.  Full Article

Thule buys Dutch childbikeseat company GMG B.V.
Tuesday, 5 Jul 2016 

Thule : Has acquired Dutch childbikeseat company GMG B.V. . Acquisition is not expected to have material impact on the company's total sales and profits .Total purchase price for GMG B.V. was 10.0 million euros ($11.12 million) on debt-free/cash-free basis.  Full Article

NC VII divests entire stake in Thule Group
Friday, 29 Apr 2016 

Finansinspektionen:Says NC VII Limited has on April 27 sold 10.6 mln shares in Thule Group and now holds 0 shares in Thule Group.NC VII decreased its stake from above 5 pct to 0.  Full Article

BRIEF-Thule Q4 Underlying EBIT Rises To SEK 65 ‍​Million

* Q4 UNDERLYING EBIT SEK 65 ‍​MILLION VERSUS SEK 59 MILLION YEAR AGO