Dorel and its Cycling Sports Group Reports Loss for 2016

MONTREAL, Canada - Dorel Industries Inc. today announced its results for 2016 which showed a 3.0% drop in revenues to USD 2.60 billion (€ 2.5bn). This resulted in a net loss of USD 11.6 million (€ 10.9mn). The division Dorel Sports, including Cycling Sports Group, turned out to be bleeding.