Accell Group sees a bright bike future

During its Annual General Meeting of Shareholders, Accell Group, owner of road bike brands such as Koga and Lapierre, announced that a further growth in turnover and profit is expected for 2010. The group, which proposed a dividend to shareholders of €1.58 per outstanding ordinary share, is maintaining its previous outlook for the year ahead.

The group sees that sustained interest in recreation, mobility, health and the environment will continue to stimulate the use of bicycles.

Ren