HEERENVEEN, the Netherlands - The relatively high temperatures and the dry weather in Europe during the first months of 2007 have contributed to rising sales of bicycles, bicycle parts and accessories compared to the same period in 2006. This was announces during the general meeting of shareholders of Accell Group last April 26th.
“We also benefited from our deliberate decision to maintain higher stocks of end-products and certain strategic parts”, said René Takens, CEO of Accell Group during that meeting. “The warm weather did mean that turnover in fitness equipment increased less due to the fact that these products are mostly used indoors."
"The acquisition of Brasseur, a trading company that is active in bicycles, bicycle parts and accessories in the French-speaking region of Belgium, as announced earlier this year has been effected. For the whole of 2007, turnover and operating results are expected to show a further increase.”
Related articles on Bike Europe.com:
- Stock market analyst: buy Accell!
- Accell Group in 2006: Expansion Continues
- Accell Group Expanding in Belgium
.jpg)
To make it easier for you to follow the news in the global bicycle industry we have launched a Bike Europe page on Twitter. With Twitter you are always the first to receive the news updates.
Stay on top of the news. 
