Thule Group AB: 2 directors

Two Directors at Thule Group AB bought/maiden bought 1,465 shares at between 200.600SEK and 203.200SEK. The significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's dir...

Quad Lock saves the day

Slightly stronger results driven by Quad Lock

Weakness in a small quarter

Key takes from CMD

New sales target: ambitious but not impossible

Expectations ahead of CMD

Reiterate BUY after a reassuring Q3

Softer sales but reassuring margins

Keeping our hopes up for 2026e

A bright outlook into H2'25 and beyond

Reassuring growth, margin roughly in line

We look beyond a soft Q2e and reiterate BUY

Unwarranted decline allows for a nice entry

Q1 results below expectations

A good entry point: upgrade to BUY

EU tariff summary for Swedish small caps

Thule Group (Buy, TP: SEK450.00) - On track

Following the Q4 results, we have more confidence in the speed and magnitude at which Thule should be able to achieve a structurally higher EBIT margin due to its mix-shift (supported by new category launches), record new product launches, and the Quad Lock acquisition. Consequently, we reiterate our BUY and have increased our target price to SEK450 (445).

Bright outlook well-reflected in the share price

Slightly stronger margin in a small quarter