Europe weighs down on Dorel

2012-08-30T00:00:00

The weaker euro dampened the sales expansion of the recreational and leisure unit at Dorel Industries, which encompasses cycling brands from Cannondale to GT, Sugoi, Schwinn, Mongoose and more. Its turnover inched up by 1.1 percent to $251.9 million for the quarter, with a negative impact of about 2 percentage ...

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