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 > Debt Liquidation Implications

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Post by nozzpackon Jan 04, 2022 10:33am

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Post# 34281446

Debt Liquidation Implications

For the first three quarters, Dorel paid $30 million US in Finance charges.
That will be about $40 million US for 2021.

With debt extinguished, that $40 million US = $50 million in C$ will become added to operating earnings to the tune of about $1.60 per share in C$.

That is a significant savings and with cost compression ongoing, and supply chain problems receding ...manufacturing already brought back home..the two remaining division are going to be very attractive to buyers on a debt free basis..

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