Dorel Starts 2014 With Strong First Quarter

MONTREAL, Canada - The first quarter of 2014 marked a turnaround for Dorel Industries, owner of brands like Cannondale, Schwinn, Mongoose, GT and Caloi, with the Canadian-based company recording an increase in revenue and a rise in net income for the period.
Also for Dorel, the early spring and good weather in Europe helps the company’s bike business rebound from its 2013 results. – Photo Dorel