Accell Net Off Slightly on Flat Sales
Completing a year of what it termed transition, Accell net income was down 3% to €25.5 million against €26.3 million for the first half ended Jun. 30 on sales of €635.9 million compared to €634.0 million. Accell said it made progress over the last six months in reshaping its management team and implementing a new strategy that has regionalized its bike business while centralizing its parts and accessories operations. It also continues ... Log in to view full article.