Interim report
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Thule Group > Interim report , third quarter , July - September 2021 Net sales for the quarter amounted to SEK 2,772m ( 2,436 ) , corresponding to an increase of 13.8 percent . Adjusted for exchange rate fluctuations , sales increased 16.2 percent . ■ ■ ■ Operating income amounted to SEK 670m ( 596 ) , corresponding to a margin of 24.2 percent ( 24.4 ) . Adjusted for exchange rate fluctuations , the operating margin increased 0.1 percentage points . Net income amounted to SEK 516m ( 449 ) . Cash flow from operating activities totaled SEK 534m ( 764 ) . Earnings per share before dilution amounted to SEK 4.94 ( 4.32 ) . Net sales , SEKm Operating income ( EBIT ) , SEKM Net income , SEKm Earnings per share , SEK Cash flow from operating activities , SEKm SEKM 4 000 3 500 3 000 2 500 2 000 1 500 1 000 500 0 Q3-19 Q4-19 Q1-20 Net sales Q2-20 Q3-20 Net sales Q4-20 Q1-21 Q2-21 LTM Q3-21 Jul - Sep Jul - S ep 2021 2020 SEKM 2 772 670 516 12 000 10 500 9 000 7 500 6 000 4 500 3 000 1 500 0 4.94 534 2 436 596 +13.8 +12.5 449 +14.9 4.32 +14.4 764 -30.1 SEKM 1 000 800 600 400 200 0 Q3-19 % Q4-19 Jan - Sep Jan - Sep 2021 2020 Q1-20 Operating income ( EBIT ) Q2-20 8 540 2 150 1 636 15.64 1473 03-20 Operating income Q4-20 6 223 1 350 1 002 9.68 1 295 Q1-21 LTM Q2-21 % +37.2 +59.2 +63.2 +61.6 +13.7 Q3-21 SEKM 2500 Full - year 2020 2000 1500 1000 500 0 7 828 1 591 1 166 11.23 1 614 1