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Dorel Announces Judgment of Luxembourg Administrative

Dorel Announces Judgment of Luxembourg Administrative
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Dorel swings to Q3 US$37 million loss

Dorel warns of challenges ahead from supply disruptions after swinging to Q3 loss | iNFOnews

MONTREAL - Dorel Industries Inc. is warning that supply chain disruptions that are worse than previously thought will hamper its fourth-quarter results after contributing to a US$37-million loss in its latest quarter.

Dorel Announces Judgment Of Luxembourg Administrative Court

Dorel Industries Inc. announced that the Luxembourg Administrative Court has confirmed on appeal the previously-announced decision of the Luxembourg Administrative Tribunal to the effect that one of Dorel’s wholly-owned subsidiaries owes €54.6 million (euros) in tax (US$64.2 million) including interest.

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