Strong performance in Dorel Sports and Dorel Home segments for the year limited by supply chain constraints
Dorel Juvenile significantly improves both reported and adjusted operating profit in the fourth quarter
MONTRÉAL, March 11, 2021 (GLOBE NEWSWIRE) Dorel Industries Inc. (TSX: DII.B, DII.A) today announced results for the fourth quarter and year ended December 30, 2020. Revenue for the fourth quarter was US$704.4 million, up 7.8% from US$653.4 million a year ago. Reported net loss for the quarter was US$22.9 million or US$0.70 per diluted share compared to US$0.6 million or US$0.02 per diluted share a year ago. Adjusted net loss
1 was US$18.0 million or US$0.55 per diluted share compared to an adjusted net income
Dorel Reports Q4 and 2020 Year-End Results
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Dorel Reports Q4 and 2020 Year-End Results
globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.