Accell net income jumped 54% to €44,155,000 ($53.2 mm) in the first half of 2021 from €28,616,000 last year, on a 3% sales improvement to €699,133,000 ($842.3 mm) against €676,881,000, which was limited by supply and logistical headwinds for critical components. Gross margin expanded 250 basis points to 30.1%, helped by lower discounting and higher prices, which more than made up for increases in material prices and additional supply chain expenses. Revenues from bikes were off 5% to €490.7 million, while parts sales ... Log in to view full article.