Cannondale: Annual Bicycle Profits Up
BETHEL/CT, USA (August 15) - Cannondale reported a 16% higher $1.4 million (€ 1.43 million) profit in its bicycle division over its fiscal year 2001/02, which ended on June 30, 2002. Its bicycle sales fell 5% to $134.6 million for the year. Late deliveries of suppliers were held responsible for fallen sales. Bike margins climbed
Continue reading this article?
- Create an account under a minute and continue reading
- Read 3 articles for free every month
Create an account instantly
More than 100 organizations have a business subscription with us. Check here if you already have unlimited access via your employer.