Slide 1: Pre-quarter update
Pre-quarter update 23 September 2026 Mattias Ankarberg, CEO Toby Lawton, CFO
Slide 2: Positive development continues in peak season
2026/Q2 HIGHLIGHTS Positive development continues in peak season • Organic growth and increased profitability in biggest quarter • Focus on building Champions and driving efficiency gains gives results • Growth in all four product areas, fastest growth in Active with Kids & Dogs • Acquisition of cur
Slide 3: Long term profitable growth
Long term profitable growth Net sales 12 000 EBIT 2 500 SEK m SEK m 10 000 2 000 8 000 1 500 2026/Q2 LTM 6 000 Net sales SEK 10.4b EBIT SEK 1.7b 1 000 EBIT margin 16.8% 4 000 500 2 000 0 0 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Q2 Net sales FX impact EBIT LTM 3 Note:
Slide 4: Focus 2026: build Champions and drive efficiency gains
Focus 2026: build Champions and drive efficiency gains Focus on Champions and efficiency gains deliver results • Organic growth and increased profitability 2026/H1, despite tough market • Impact of Middle East conflict on already cautious consumers – RV registrations decline following period of impr
Slide 5: 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 6: Thule Vero – premium hitch bike carrier built for heavier bikes
Thule Vero – premium hitch bike carrier built for heavier bikes 6
Slide 7: Thule Epos ParkSecure – our most premium bike carrier gets better
Thule Epos ParkSecure – our most premium bike carrier gets better 7
Slide 8: Thule VeloLite – new entry level bike carrier, first ever 1-bike version
Thule VeloLite – new entry level bike carrier, first ever 1-bike version 8
Slide 9: Connected car seats – sensor-based feedback to prevent misuse
Connected car seats – sensor-based feedback to prevent misuse 10
Slide 10: Thule Dart – premium harnesses for larger dogs
Thule Dart – premium harnesses for larger dogs 11
Slide 11: Quarterly overview
Quarterly overview SEK m SEK m SEK m SEK m Net sales EBIT (adj.) 4 000 11 000 900 1 750 800 1 700 3 500 10 500 700 3 000 10 000 1 650 600 2 500 9 500 1 600 500 2 000 9 000 1 550 400 1 500 8 500 1 500 300 1 000 8 000 1 450 200 500 7 500 100 1 400 0 7 000 0 1 350 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 Q4
Slide 12: Q&A
Q&A 13
Slide 13: THULE
THULE