Dorel 3Q revenues up 3.1%

Knell, Michael
November 2006
Furniture/Today;11/13/2006, Vol. 31 Issue 10, p38
Trade Publication
The article reports on the financial performance of Dorel Industries, a consumer goods and ready-to-assembly furniture manufacturer, in the third quarter of 2006. The company posted a 3.1 percent increase in revenues, with net earnings of $25.1 million or 76 cents per share. CEO Martin Schwartz points out that the company's gross margins were 17.5 percent, an improvement of over 13 percent in the comparable quarter in 2005. INSET: Dorel Inds..


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