🔴 Thule Group is trading 4.8% down today after organic sales growth missed expectations

Thule Group is trading 4.8% down at SEK 188.20 after third-quarter organic sales growth of 1.2% came in below analysts’ expectations of about 3.1%.

• The October 22 report showed profit and margins improved; reported operating profit included SEK 52 million in tariff refunds.
• A recent chairman change adds to company-specific uncertainty. Earlier market coverage reported the shares down 1.8% to 1.9% at publication.