Dorel's Bike Business has Best Quarter Ever
Dorel Industries Inc owner of brands like Cannondale, GT, and Mongoose, continues to see positive results from its cycling divisions. Overall revenue for Dorel rose 2.2% to USD 621.1 million (483.4 million euro) from USD 607.8 million (473 million euro) a year ago. Net income was USD 29.2 million (22.7 million euro) compared to last year's USD 31.2 million (24.3 million euro).
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