Financial reporting

Bike boom pushes Q1 sales at Dorel

By Frank Prenesti 2021-05-10T08:39:00

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Dorel Industries said revenues at its sports segment increased for the eighth consecutive quarter in the three months ended March 31, rising by 43.6 percent in reported U.S. dollars to $270 million, and by 41.5 percent in local currencies, driven by the growing global demand for bikes. The second quarter ...

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