菜单

Panjiva_research_logo

Thule pushes up pricing as supply chain costs rack up

China 2899 Cons. Discr. - Autos 1114 Cons. Discr. - Durables 454 Earnings 667 European Union 774 Quote Watch 438 U.S. 5200

Thule has reported an 85.1% year over year surge in revenues in Q2’21 as the auto accessory maker benefits from a “strong trend for leisure and vacation activities nearer to home”. Yet, Thule has had challenges in “getting hold from our sub-suppliers of the right materials and components” according to CEO Magnus Welander. That resulted in “very, very high price increases from some of our suppliers to us on materials” which has led Thule to apply two customer price increases in one year. The company’s supply chain activity appears to be keeping up. U.S. seaborne imports linked to the firm...

Copyright © 2021 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.