Dorel Industries Ord Shs Class A T.DII.A

Alternate Symbol(s): DIIBF | T.DII.B

Consumer Cyclical

Dorel Industries Inc is a Canadian company that sells juvenile products and furniture. Its segments include Dorel Home and Dorel Juvenile. Dorel Home segment is engaged in the design, sourcing, manufacturing, and distribution of ready-to-assemble furniture and home furnishings which include metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items. Dorel Juvenile segment is engaged in the design, sourcing, manufacturing, distribution, and retail of children's accessories which include infant car seats, strollers, high chairs, and infant health and safety aids. Its geographical segments include Canada, the United States, Europe, Latin America, Asia, and Other countries.

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Dorel Industries Ord Shs Class A > Outstanding Moves to Increase Sales, advance profitability

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Comment by nozzpackon Oct 18, 2021 8:05am

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Post# 34016985

RE:Outstanding Moves to Increase Sales, advance profitability

They just sold one of their Chinese manufacturing plants for $51 million US.

Thats now being replaced by spending $30 m upgrade and expansion in N America including new products , eliminating imports from Asia while acquiring a premium quality e Commece company that will advance sales in new markets .

Its not obvious whether other plant closures/ sales in Asia will happen in the near term but longer term that seems obvious.

This will increase the sales of Dorel Home and Dorel Juvenlie while boosting gross margins.

Valuation wise, both remaining divisions will garner higher prices in any putative sale..

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Cross border trading in Canada and Australia