Article: Dorel reports second quarter results.

- Strong earnings from operations despite environment - New products, new bicycle brand to increase Dorel's competitive position - Excluding mark-to-market losses on foreign exchange contracts, Q2 EPS is US$1.01

EXCHANGES TSX: DII.B, DII.A

MONTREAL, Aug. 12 /PRNewswire-FirstCall/ -- Dorel Industries Inc. (TSX: DII.B DII.A) today announced its results for the second quarter ended June 30, 2009. Net income was US$24.8 million or US$0.74 per diluted share compared with US$31.3 million or US$0.94 per diluted share for the corresponding quarter of 2008. As described below, the 2009 results include significant mark-to-market losses on foreign exchange ...






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