Thule Group AB - Company Profile
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Thule Group AB (Thule Group) is a manufacturer of roof racks, bikes and water sport carriers. The company's products include sport and cargo carriers, RV products, packs, bags and luggage; juvenile and pet. It offers roof racks, rooftop cargo carriers, and rooftop carriers for transporting bikes, water and winter sports equipment. The company’s RV products include awnings, bike racks and tents for RVs and caravans. Thule Group offers luggage, backpacks and laptop bags for everyday use, hiking backpacks, camera bags and cases for consumer electronics. It also offers bike trailers, child bike seats and strollers. It operates several production facilities and sales offices worldwide. Thule Group is headquartered in Malmo, Sweden.
Headquarters
Sweden
Address
Fosievagen 13, Malmo, 21431
Website
www.thulegroup.com/en
Telephone
46 40 6359000
No of Employees
2,557
Industry
Leisure and Arts
Ticker Symbol & Exchange
THULE (STO)
Revenue (2022)
$860.9M
-9.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-13.7%
(2022 vs 2021)
Market Cap*
$2.9B
Net Profit Margin (2022)
XYZ
-4.3%
(2022 vs 2021)
* As of and is in US$
Thule Group AB premium industry data and analytics
Products and Services
| Products |
|---|
| Roof Racks |
| Sports and Cargo Carriers |
| Bike Racks |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In April, the company and SheerID announced that students, military, and first responders are now eligible for its discount program. |
| 2022 | New Products/Services | In September, the company announced to launch products for entry into car seat category and many other innovative products. |
| 1942 | Incorporation/Establishment | The company was founded. |
Competitor Comparison
| Key Parameters | Thule Group AB | Vista Outdoor Inc | Amer Sports Corp | Reebok International Ltd | BSN Sports |
|---|---|---|---|---|---|
| Headquarters | Sweden | United States of America | Finland | United Kingdom | United States of America |
| City | Malmo | Anoka | Helsinki | Manchester | Dallas |
| State/Province | - | Minnesota | - | England | Texas |
| No. of Employees | 2,557 | 7,000 | 9,187 | 180 | - |
| Entity Type | Public | Public | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Hans Eckerstrom | Chairman | Executive Board | 2022 | 52 |
| Helene Mellquist | Deputy Chairman | Executive Board | - | 60 |
| Mattias Ankarberg | President; Chief Executive Officer | Senior Management | 2023 | 48 |
| Toby Lawton | Chief Financial Officer | Senior Management | 2024 | 50 |
| Rickard Andersson | Senior Vice President - Supply Chain | Senior Management | - | 47 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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