Accell Group Rebounds in May
Accell’s bike sales were up 23% year-over-year in May, following a 27% drop for the months of March and April combined, and YTD sales are now -5% through the end of May. The results do not include North America, which Accell divested last year. EBIT was down 40% at €28 million for the period, hurt by additional costs for supply chain disruptions due to the pandemic and ... Log in to view full article.
