Slide 1: Pre-quarter update
Pre-quarter update 17 June 2026 Mattias Ankarberg, CEO Toby Lawton, CFO
Slide 2: Good start to the year
2026/Q1 HIGHLIGHTS Good start to the year • Good start to the year – organic growth 4% and improved profitability • Growth is driven by our focus on building Champion categories • Fastest growth in the Active with Kids & Dogs product category • N Am continued in the right direction, despite challeng
Slide 3: Long term profitable growth
Long term profitable growth Net 12 sales 000 EBIT 2 500 SEK m SEK m 10 000 2 000 8 000 1 500 2026/Q1 LTM 6 000 Net sales SEK 10.3b Adj. EBIT SEK 1.7b 1 000 Adj. EBIT margin 16.4% 4 000 500 2 000 0 0 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Net sales EBIT 3 Note: EBIT adjust
Slide 4: Expansion in the dog transportation market through the acquisition of curli
Expansion in the dog transportation market through the acquisition of curli • Leading position in premium dog harnesses, in particular for smaller dogs • Complements Thule’s product range for dog transportation, launched in 2024 • Will be integrated under the Thule brand • Harnesses for larger dogs
Slide 5: Focus 2026: build Champions and drive efficiency gains
Focus 2026: build Champions and drive efficiency gains Well positioned in a tough market • Continued cautious consumers and retailers, particularly in N Am • Improving market conditions in RV Products • Thule well-positioned and moving into high season with upgraded product portfolio, fast growth in
Slide 6: Product launches 2026 support focus on champions
Product launches 2026 support focus on champions Grow our no 1 positions – our champion categories • Thule Epos ParkSecure – our most premium bike carrier gets better • Thule Vero – premium hitch bike carrier built for heavier bikes • Thule VeloLite – new entry level bike carrier, first ever 1-bike
Slide 7: Thule Vero – premium hitch bike carrier built for heavier bikes
Thule Vero – premium hitch bike carrier built for heavier bikes 7
Slide 8: Thule Epos ParkSecure – our most premium bike carrier gets better
Thule Epos ParkSecure – our most premium bike carrier gets better 8
Slide 9: Thule Pulse 2 – refreshed version of our entry level roof box
Thule Pulse 2 – refreshed version of our entry level roof box 9
Slide 10: Thule WideSky – a front-row seat to the outdoors
Thule WideSky – a front-row seat to the outdoors 10
Slide 11: Quarterly overview
Quarterly overview SEK m Net sales SEK m SEK m EBIT SEK m 4 000 11 000 800 1 750 3 500 10 500 700 1 700 3 000 10 000 600 1 650 2 500 9 500 500 1 600 2 000 9 000 400 1 550 1 500 8 500 300 1 500 1 000 8 000 200 1 450 500 7 500 100 1 400 0 7 000 0 1 350 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 Q4-25 Q
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Slide 13: THULE
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