Sales Continue to Improve at Dorel Sports

MONTREAL, Canada - Dorel Sports including Cycling Sports Group (Cannondale, GT, Mongoose among other brands as well as Pacific Cycle and Caloi) showed a strong third quarter performance with revenues increasing by approximately 9.6 percent after removing the impact of varying foreign exchange rates year-over-year. It comes after a much better second quarter than anticipated. Revenues for the nine months of 2018 increased by approximately 3.2 percent.
Pacific Cycle experienced third quarter double-digit revenue increase driven by (among others) battery powered ‘Rideamals’. Photo Pacific Cycle – Kid Trax