Thule targets high launch pace in 2025 with expanded product categories
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 07 2025
0mins
Should l Buy ?
Source: SeekingAlpha
Company Performance: Thule Group AB reported a 7% revenue growth in Q4 2024, driven by new product launches and the acquisition of Quad Lock, with a record gross margin of 42.7% for the year despite challenges in the RV market and North American demand.
Future Outlook: The company plans to maintain a high launch pace in 2025, focusing on scaling new categories and reducing inventory, while management remains cautiously optimistic about overcoming macroeconomic challenges.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
