Dorel’s bike segment up by 12%

2013-03-12T00:00:00

Dorel Industries reported strong results for its 2012 fourth quarter and the full year, mostly driven by the cycling sector. Revenues at the group's Recreational/Leisure segment, comprising Cannondale, Schwinn and other bike brands, increased by 12 percent to $226.6 million in the fourth quarter ended Dec. 30, and surpassed $900 ...

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