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Thule Group AB (THULE.ST)

THULE.ST on Stockholm Stock Exchange

219.40SEK
20 Jun 2018
Change (% chg)

0.20kr (+0.09%)
Prev Close
219.20kr
Open
220.80kr
Day's High
221.00kr
Day's Low
218.60kr
Volume
170,442
Avg. Vol
219,879
52-wk High
224.60kr
52-wk Low
150.60kr

Latest Key Developments (Source: Significant Developments)

Thule with exercise of Warrant Series
Tuesday, 6 Mar 2018 02:00am EST 

March 6 (Reuters) - THULE ::EXERCISE OF THULE GROUP'S WARRANT SERIES 2014/2018.‍THULE GROUP WARRANT SERIES 2014/2018 HAS BEEN COMPLETED​.‍ALL NEWLY SUBSCRIBED SHARES HAVE BEEN SOLD​.‍ THULE GROUP AB (PUBL) HAS RECEIVED TOTAL ISSUE PROCEEDS OF APPROXIMATELY MSEK 137.5 IN CONNECTION WITH EXERCISE OF WARRANTS.​.  Full Article

Thule Q4 Underlying EBIT Rises To SEK 65 ‍​Million
Tuesday, 13 Feb 2018 01:53am EST 

Feb 13 (Reuters) - THULE ::NET SALES FOR Q4 AMOUNTED TO SEK 1,006M (983).Q4 UNDERLYING EBIT SEK 65 ‍​MILLION VERSUS SEK 59 MILLION YEAR AGO.PROPOSES AN ORDINARY DIVIDEND OF SEK 6.0 PER SHARE‍​.Q4 CASH FLOW FROM OPERATING ACTIVITIES TOTALED SEK 209M (91).  Full Article

Thule sees positive impact on effective tax rate from 2018 due to U.S tax reform
Monday, 15 Jan 2018 07:30am EST 

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 08:00am EST 

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 05:09am EDT 

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 02:05am EDT 

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 01:45am EDT 

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 upgrades long term target on EBIT margin​
Wednesday, 20 Sep 2017 03:00am EDT 

Sept 20 (Reuters) - THULE GROUP AB :NEW LONG TERM TARGET IS ‍SALES GROWTH ≥ 5%​.NEW LONG TERM TARGET IS ‍DIVIDEND ≥ 50%​.NEW TARGET FOR EBIT-MARGIN ≥ 20% ​.  Full Article

Thule Q2 underlying EBIT up at SEK ‍474​ million
Thursday, 20 Jul 2017 01:45am EDT 

July 20 (Reuters) - THULE ::Q2 UNDERLYING EBIT SEK ‍474​ MILLION VERSUS SEK 414 MILLION YEAR AGO.Q2 NET SALES SEK 1.96 BILLION VERSUS SEK 1.73 BILLION YEAR AGO.Q2 NET INCOME SEK 348 MILLION VERSUS SEK 304 MILLION YEAR AGO.  Full Article

Thule Group sells remaining part of its Specialty business to CURT Group
Friday, 2 Jun 2017 08:15am EDT 

June 2 (Reuters) - THULE GROUP AB :THULE GROUP DIVESTS REMAINING PART OF THE SPECIALTY BUSINESS - THE US BUSINESS FOR TOOLBOXES FOR PICK-UP TRUCKS.‍ENTERED INTO AN AGREEMENT TO DIVEST REMAINING PART OF SPECIALTY BUSINESS TO US COMPANY CURT GROUP​.‍PURCHASE PRICE CONSIST OF TWO COMPONENTS, AN INITIAL AMOUNT OF MUSD 18 AND AN EARN OUT OF A MAXIMUM ADDITIONAL AMOUNT OF MUSD 3.5​.SAYS ‍DIVESTMENT WILL LEAD TO A CAPITAL GAIN OF MUSD 8 -10​.  Full Article

BRIEF-Thule with exercise of Warrant Series

* ‍ THULE GROUP AB (PUBL) HAS RECEIVED TOTAL ISSUE PROCEEDS OF APPROXIMATELY MSEK 137.5 IN CONNECTION WITH EXERCISE OF WARRANTS.​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)