Thule Group's board withdraws SEK7.50 per share dividend proposal due to expected negative impact of COVID-19.
NORDIC BUSINESS REPORT-March 23, 2020-Thule Group's board withdraws SEK7.50 per share dividend proposal due to expected negative impact of COVID-19
(C)2020 M2 COMMUNICATIONS http://www.m2.com
Thule Group AB (STO: THULE), an owner of brands related to outdoor and transportation products, announced on Friday that its board of directors has withdrawn the proposal for dividend of SEK7,50 SEK per share, in total SEK774m.
According to the company, the outbreak of Covid-19 is expected to negatively impact Thule Group's business beginning in the second half of the month of March 2020, due to...
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