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Article: Dorel is satisfied with the start of 2009.
- Article from:
- PR Newswire
- Article date:
- May 27, 2009
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EXCHANGES TSX: DII.B, DII.A
- North American Juvenile business on strong footing - Company seeks to become global force in bicycles - Home Furnishings continues to improve
MONTREAL, May 27 /PRNewswire-FirstCall/ -- Dorel Industries Inc. (TSX: DII.B, DII.A) President and CEO, Martin Schwartz, told shareholders attending today's annual meeting that there are a number of important factors which will see the Company perform well, in light of the current global recession. Dorel posted its best year ever in 2008 with revenues of US$2.2 billion and net income of US$113 million. First quarter 2009 revenues were US$525 million and net income was US$28 million, ...