Press Releases
| 12/17/2004 Montreal, Quebec |
Dorel names new Ameriwood president Dorel Industries Inc. (TSX: DII.SV, DII.MV; NASDAQ: DIIB) today announced it has named a new president to Ameriwood Industries |
| 12/1/2004 Montreal, Quebec |
Dorel's Schwinn Sting-Ray has arrived in Canada Dorel Industries Inc. (TSX: DII.MV, DII.SV; NASDAQ: DIIB) and Canadian Tire (TSX: CTR.NV, CTR) today announced that the highly popular Schwinn Sting- Ray bicycle is now available in Canada |
| 11/3/2004 Montreal, Quebec |
Dorel posts best-ever quarterly results Third quarter earnings up 50.5%; revenues increase 43.5% • Sting Ray bike sales drive earnings • Juvenile sales/earnings up in North America and Europe • Home Furnishings experiences strong sequential earnings improvement |
| 11/3/2004 Montreal, Quebec |
Dorel Industries will hold a conference call to discuss its third quarter results for the period ended September 30, 2004 |
| 10/14/2004 Montreal, Quebec |
Dorel maintains 2004 Guidance Dorel Industries Inc. (TSX: DII.A, DII.B; NASDAQ: DIIB) today reiterated its guidance for fiscal 2004, stating it still expects full year earnings per share to be between US$ 3.00 and US$ 3.15 |
| 9/30/2004 Montreal, Quebec |
Dorel signs licensing deal with California Closets Dorel Industries Inc. (TSX: DII.A, DII.B; NASDAQ: DIIB) today said it has signed a licensing agreement with California Closets through Ameriwood Industries, Dorel’s ready-to-assemble furniture division |
| 9/21/2004 Montreal, Quebec |
Dorel enters Home Healthcare Market Dorel Industries Inc. (TSX: DII.A, DII.B; NASDAQ: DIIB) today announced it is entering a new consumer products category to address the lucrative aging baby- boomer population |
| 8/19/2004 Montreal, Quebec |
Dorel clarifies juvenile products patent infringement case Most recent court ruling could reduce previous award |
| 8/4/2004 Montreal, Quebec |
Dorel's Second Quarter Revenues Improved margins through balance of year expected to create stronger second half |
| 8/3/2004 Montreal, Quebec |
Dorel plans bolstered senior management structure to drive future growth Transition to new COO • Additional top management being recruited • Focus on new opportunities |
| 7/20/2004 Montreal, Quebec |
Dorel announces management change at Ameriwood Dorel Industries Inc. (TSX: DII.A, DII.B; NASDAQ: DIIB) today said that Bob Klassen, President of Ameriwood Industries, the Ready-To-Assemble Division of Dorel Industries, has left the company to pursue other opportunities |
| 7/7/2004 Montreal, Quebec |
Dorel issues second quarter update Annual earnings guidance reduced; revenues still on plan |
| 5/28/2004 Montreal, Quebec |
Dorel positioned for solid 2004 Solid progress as global consumer products company • Two new Board members named creating majority independent Board • Acquisitions generate strong cash flow • EPS guidance maintained at US$3.12 to US$3.22 |
| 5/21/2004 Montreal, Quebec |
The Annual and Special General Meeting of Shareholders of Dorel Industries Inc We are pleased to invite you to attend the Annual and Special General Meeting of Shareholders |
| 5/6/2004 Montreal, Quebec |
Dorel Juvenile Group USA Opens Doors of New "Factory of the Future" Dorel Juvenile Group USA, part of Dorel Industries Inc. (NASDAQ: DIIB; TSX: DII.A, DII.B) today officially opened its $25 million, 1.1 million square-foot “factory of the future.” |
| 5/5/2004 Montreal, Quebec |
Dorel Introduces Canadian First In Mattress Production Dorel Industries Inc. (TSX: DII.A, DII.B; NASDAQ: DIIB) today launched a new technology for the production of its futon mattress pads which utilizes natural, recyclable cotton fibres and can double current capacity at its Dorel Home Products facility in Montreal North |
| 4/28/2004 Montreal, Quebec |
Dorel's sales increase 42% in first quarter Strong organic US juvenile growth drives sales - Earnings affected by insurance receivable - Higher RTA furniture selling prices being implemented |
| 4/26/2004 Montreal, Quebec |
Dorel issues first quarter update Company to record additional costs due to dispute with insurer |
| 3/23/2004 Montreal, Quebec |
Public notice The Dorel Juvenile Group (Canada) and Transport Canada issue the following Public Notice regarding the Cosco Grand Explorer Shield Booster cushion models 22-29C BVK, and 22-29C 0XF produced between February 1, 2003 and September 30, 2003 |
| 2/25/2004 Montreal, Quebec |
Dorel Posts Strong 2003 Results: Earnings Up 21.8%, Sales Increase 17.3% Powerful brands and low-cost production will maintain growth |
| 2/6/2004 Montreal, Quebec |
Dorel Announces NASDAQ Symbol Changes To DIIB Dorel Industries Inc. (TSX: DII.A, DII.B; NASDAQ: DIIB) announced that, effective immediately, the stock symbol used for its listing on NASDAQ has been changed to DIIB from DIIBF |
| 2/4/2004 Montreal, Quebec |
Dorel Concludes Pacific Cycle Acquisition Dorel Industries Inc. (TSX: DII.A, DII.B; NASDAQ: DIIBF) announced that it has concluded its previously announced acquisition of Wisconsin-based Pacific Cycle, a designer and supplier of bicycles and other recreational products, best known for its Schwinn, Mongoose and GT bicycle brands |
| 1/21/2004 Montreal, Quebec |
Dorel Consolidates Ready-To-Assemble Furniture Facilities Closure of Carina factory will see production shifted to other furniture facilities • No impact on Company earnings |
| 1/14/2004 Montreal, Quebec |
Dorel Issues 2004 Guidance Dorel Industries Inc. (TSX: DII.A, DII.B; NASDAQ: DIIBF) today issued earnings guidance of US$3.25 to US$3.35 per diluted share for fiscal year ending December 30, 2004 |
| 1/13/2004 Montreal, Quebec |
Dorel to Acquire Pacific Cycle Powerful brands will give Dorel leading position in U.S. bicycle industry • Acquisition expected to add a minimum of US$0.75 per share in fiscal 2004 |