Dorel 4Q Revenue Climbs 11%

March 6, 2013  by in UnCategorized   

By Aggregated Content in Financial Reports on March 7, 2013 from http://www.key4communications.com/en/babycare/noticias/bicycles-and-babycare-products-drive-sales-of-dorel_1993.html Dorel has recorded an increase in revenue of 10.9 percent in the fourth quarter of the year, reaching $622.6 million. The profit was of $29.1 million, an improvement of 6.4 percent compared to the previous year. 

In total, 2012, revenues increased by 5.3 percent to $2.5 billion, with profits of $108.6 million, representing an increase of 4 percent compared to 2011. The results were driven by cost cutting. 

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