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Article Date: March 2018
Word Count: 147

Dorel Cycling Ends Year with Operating Profit Gain

Operating profit for the Cycling Sports Group was $9,613,000 for the final quarter ended Dec. 30 compared to $4,965,000 as sales improved 1% to $236,771,000 from $235,253,000 as the division bounced back from a $33,930,000 operating loss in 2016 to a profit of $24,831,000. Revenue for the year was down 8% to $865,380,000 from $938,975,000. Organic growth was down 11% for the FY adjusted for currency and a shift in distribution to distribution ... Log in to view full article.


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