Dorel’s sports segment generated an operating profit of $21,803,000 in Q1 against a loss of $611,000 last year, as revenues soared 44% to $270,309,000 from $188,188,000. The pandemic-driven demand for bicycles remains strong, sending all three divisions higher, but shortages of product coming out of Asia limited growth. Cycling Sports Group was up double digits in almost all countries on “unprecedented” Cannondale sales. ... Log in to view full article.