216.80
0.00%
Close of 9 Nov 2026, in SEK
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About Thule Group
Its shares trade on Nasdaq Stockholm under the ticker THULE.ST. It has been listed since 26 November 2014. In the fiscal year to 31 December 2025, it reported revenue of SEK 10.43bn and net income of SEK 1.11bn. At that date it held total assets of SEK 13.74bn and shareholders' equity of SEK 7.23bn.
Thule Group AB is a holding company that engages in the manufacture of sports and outdoor products. The company is headquartered in Malmo, Skane. The company went IPO on 2014-11-26. Its offering is divided in two business segments: Outdoor&Bags and Specialty. The Outdoor&Bags segment comprises three product categories: sport and cargo carriers, bags for electronic devices, and other outdoor and bags; as well as several product groups, namely bike and car carriers, water and winter carriers, camera bags, laptop cases, recreational vehicle products, roof racks, and sports and travel bags, among others. The Specialty segment comprises two product categories: work gear and snow chains; and such product groups as pick-up truck tool boxes, and professional and consumer snow chains. The Company’s brands are Thule, Case Logic, Konig, UWS, TracRac and SportRac. Its products are sold to retailers, distributors and wholesalers and available in more than 130 countries. The firm is a subsidiary of Thule Group.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Discretionary
- Industry
- Leisure Products
- Listed since
- 26 Nov 2014
- Employees
- 2,616
- Website
- thulegroup.com ↗
Leadership
Pay as last reported
- Mr. Hans EckerstroemIndependent Chairman of the BoardSEK 1.5m
- Mr. Mattias AnkarbergPresident, Chief Executive Officer, since 2018SEK 15.2m
- Mr. Toby LawtonChief Financial Officer
- Ms. Catharina PaulcenSenior Vice President, Corporate Communications and Investor Relations
- Ms. Helena DinoSenior Vice President Human Resources
- Mr. Hilary HartleySenior Vice President - Global Business Development
- Mr. Daniel LarssonSenior Vice President - Commercial
- Mr. Karl-Johan MagnussonSenior Vice President - Product Development
- Mr. Aden JohnsonVice President - Category Management
- Mr. Flip LindenVice President, Business Unit Recreational Vehicle
- Ms. Tina LiseliusVice President - Global Brand
- Ms. Sandra FinerIndependent DirectorSEK 341,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 79
- Environment
- 67
- Social
- 99
- Governance
- 72
- Direct emissions (scope 1)
- 3,845 t
- Energy emissions (scope 2)
- 5,327 t
- Value chain emissions (scope 3)
- 201,932 t
- Women in the workforce
- 44%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Thule Group AB possesses several strengths that contribute to its success in the market. Firstly, the company has a strong brand image built on innovation, quality, and durability. This helps Thule in enhancing customer loyalty and attracting new consumers. Additionally, Thule has a wide range of product offerings in categories such as rooftop cargo carriers, bike racks, and luggage, providing it with a diversified revenue stream. The company also benefits from its extensive distribution network, allowing it to reach customers globally.
Weaknesses
- Despite its strengths, Thule Group AB faces certain weaknesses that can hinder its growth. One such weakness is the company's dependency on external suppliers for raw materials and components. Any disruptions in the supply chain can impact Thule's production and distribution. Moreover, Thule has relatively higher production costs compared to its competitors, which can affect its pricing strategy and profitability. Lastly, the company may face challenges in entering new markets due to existing strong competitors.
Opportunities
- Thule Group AB operates in an industry with several opportunities for growth. The increasing trend of outdoor activities and adventure tourism presents a favorable market for Thule's products. The company can also capitalize on the growing demand for eco-friendly and sustainable transportation solutions, offering products that are both functional and environmentally conscious. Furthermore, Thule has the opportunity to expand its market presence in emerging economies, where there is a rising middle class with higher disposable incomes.
Threats
- Thule Group AB also faces various threats that may impact its business operations. Intense competition from both established companies and new entrants within the industry poses a threat to Thule's market share. Rapidly changing consumer preferences and trends require the company to continuously innovate and adapt its product portfolio. Additionally, economic uncertainties and fluctuations can affect consumer spending on non-essential products such as Thule's offerings. Lastly, political and trade tensions between countries can lead to disruptions in the global supply chain, impacting Thule's manufacturing and distribution processes.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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