Dorel’s bicycle sales grow strongly

2011-03-29T00:00:00

Revenues at Dorel Industries' Recreational/Leisure division, which includes the Cannondale, Sugoi, Schwinn, GT, Mongoose, IronHorse and Instep brands, rose by 17.2 percent in the fourth quarter ended Dec. 30 to $205.9 million. At constant currency rates, organic sales rose by nearly 19 percent.

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