Cannondale Drives Dorel Sports’ Success in Third Quarter

MONTREAL, Canada – Dorel Sports including Cycling Sports Group showed a strong third quarter performance; like in the 2nd quarter. Between July and October, revenues increased by 14.2 percent. “Growth in Europe was primarily driven by the e-bike category which doubled sales with e-MTB launches such as the Cannondale Moterra and Habit Neo,” said Dorel President & CEO, Martin Schwartz.