Net income was €32,292,000 against €32,286,000 for the year ended Dec. 31 as sales improved 6% to €1,048,152,000 compared to €986,402,000. The growth was driven by strong 33% growth in E-bikes, which now comprise 41% of total sales. Sales grew even faster in the performance e-bike segment, up 70%. That was partially offset by continued declines in the Raleigh business in ... Log in to view full article.
