Dorel Faced ‘Weak’ Bike Markets in 2017

MONTREAL, Canada – Dorel Industries Inc reports in its yesterday published 2017 financial results to have been faced with “A continued weak global bike market”. This is troubling its subsidiaries Dorel Sports and Cycling Sports Group. Despite strong performances in Cycling Sports Group’s International business and at Caloi in the third quarter of 2017, its full year revenues dropped by close to 8%.