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Accell Group books 23% rise in turnover in 2012

Heerenveen (the Netherlands), 22 February 2013 – Accell Group N.V. recorded an increase in turnover of 23% to € 772.5 million in 2012, from € 628.5 million in 2011. This was partly due to the acquisition of Raleigh and the rising sales of electric and innovative sports bikes, especially in Germany. Organic turnover growth came in at 3%. The net operating result for the full year 2012 came in at € 26.3 million, down 17% from the € 31.7 million reported in 2011 and in line with previously given guidance.

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Accell Group books 23% rise in turnover in 2012