Cicli Pinarello accelerates investment plan after reporting promising results
VILLORBA, Italy - Road bike brand Cicli Pinarello s.r.l. reported double digits increase in both turn-over and gross operating margin during its fiscal year 2021/2022 which closed 30 June. While others in the bicycle industry are struggling with the uncertainties in today economic situation, Pinarello announced it will accelerate its investment plan launched at the end of 2021.
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