Big drop in Accell’s profitability

2018-03-09T00:00:00

The Accell Group's net income declined by 67.5 percent last year to €10.5 million, due in particular to its bike business in North America. Last year's result included a one-off charge of €4 million for overdue U.S. import duties because of an inaccurate classification of the types of bicycles made ...

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