Accell Group bicycle sales - 4.8% due to components shortages

HEERENVEEN, the Netherlands – Supply chain constraints which have been hampering the e-bike and bicycle industry for more than a year, caused a sales decline in Germany, Austria, Switzerland and Eastern-Europe between January-June as Accell Group reported today. However, Accell Group’s net sales increased by 3.3% to € 699.1 million thanks to a growing parts and accessories market.