|
|
Article: Dorel reports second quarter results.
- Article from:
- PR Newswire
- Article date:
- August 12, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
- 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 ...