Thule Group AB - Company Profile
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Thule Group AB (Thule Group) is a manufacturer of roof racks, bikes and waterproof 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. The company operates in Sweden, Brazil, Canada, Germany, Japan, Poland, and China. Thule Group is headquartered in Malmo, Sweden.
Headquarters
Sweden
Address
Fosievagen 13, Malmo, 21431
Website
www.thulegroup.com
Telephone
46 40 6359000
No of Employees
3,000
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
THULE (STO)
Revenue (2024)
$1.1B
9.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-0.7%
(2024 vs 2023)
Market Cap*
$2.8B
Net Profit Margin (2024)
XYZ
-9.2%
(2024 vs 2023)
* As of and is in US$
Thule Group AB premium industry data and analytics
Products and Services
| Products |
|---|
| Roof Racks |
| Bike Rack |
| Sports and Cargo Carriers |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Acquisitions/Mergers/Takeovers | In December, the company acquired Quad Lock, a provider of performance phone mount solutions. |
| 2024 | Acquisitions/Mergers/Takeovers | In July, the company acquired Reacha (good goods tegernsee Gmbh). |
| 2023 | Contracts/Agreements | In April, the company and SheerID announced that students, military, and first responders are now eligible for its discount program. |
Competitor Comparison
| Key Parameters | Thule Group AB | Dometic Group AB | Axentia Technologies AB | Fiamma Briziarelli | Yakima Products, Inc. |
|---|---|---|---|---|---|
| Headquarters | Sweden | Sweden | Sweden | United States of America | |
| City | Malmo | Solna | Linkoping | - | Beaverton |
| State/Province | - | Stockholm | - | - | Oregon |
| No. of Employees | 3,000 | 7,000 | - | - | - |
| Entity Type | Public | Public | Private | Individual Investor | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Hans Eckerstrom | Chairman | Executive Board | 2022 | 54 |
| Mattias Ankarberg | Chief Executive Officer; President | Senior Management | 2023 | 50 |
| Toby Lawton | Chief Financial Officer | Senior Management | 2024 | 52 |
| Tina Liselius | Vice President - Global Brand | Senior Management | - | 51 |
| Filip Van der Linden | Vice President - Business Unit Recreational Vehicle | Senior Management | - | 63 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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