Dorel Reports Strong Second Quarter Revenue

MONTREAL, Canada - Dorel Sports including Cycling Sports Group (CSG; Cannondale, GT, Mongoose among other brands as well as Pacific Cycle and Caloi) showed a strong second quarter performance with revenues increasing by 7.4 percent. Excluding foreign exchange rate fluctuations year-over-year and the divesture of the performance apparel business last year, organic revenue increased 11.1 percent.
This Cannondale Tesoro Neo was one of successful models contributing to CSG’s and Dorel Sports strong results. – Photo Cannondale