Accell Group Profit Up By 20%

HEERENVEEN, the Netherlands - The acquisition of Ghost and good sales of bicycle in the higher segment increased Accell Groups turnover by 11% to 306 million over the first half of 2008. The organic growth amounted to 6% (1st half of 2007: 10%). The net profit from ordinary operations increased by 20% to 19.3 million. In many European countries, especially in Germany and France,