Sector: Consumer Cyclicals | Industry: Toys & Children's Products |
Company Contact | |
Address: | 1255 Greene Avenue, Suite 300 WESTMOUNT QC H3Z 2A4 |
Tel: | N/A |
Website: | https://www.dorel.com |
IR: | See website |
Key People | ||
Norman M. Steinberg Independent Co-Chairman of Board | Maurice Tousson Independent Co-Chairman of Board | Martin Schwartz President, Chief Executive Officer, Director |
Jeffrey Nathan Schwartz Chief Financial Officer, Executive Vice President, Secretary, Director | Jeff Segel Executive Vice President - Sales and Marketing, Director | Alan Schwartz Executive Vice President - Operations, Director |
Frank Rana Senior Vice President - Finance, Assistant Secretary | Edward Wyse Senior Vice-President - Global Procurement |
Business Overview |
Dorel Industries Inc. is a Canada-based global consumer products company. The Company designs, manufactures or sources, markets, and distributes a diverse portfolio of product brands through its Dorel Home and Dorel Juvenile segments. The Dorel Home segment is engaged in the sale 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. The Dorel Home segment's brands include Maxi-Cosi, Tiny Love, Infanti, Safety 1st, Bebe Confort, Quinny, and Cosco. The Dorel Juvenile segment is engaged in the sale of children's accessories, which include infant car seats, strollers, high-chairs and infant health and safety aids. The Dorel Juvenile segment's brands include DHP, Signature Sleep, Little Seeds, Ameriwood Home, Cosco Home & Office, Queer Eye, Cosmo Living, Novogratz, Real Rooms, Mr. Kate, Baby Relax, Alphason, Bertini, Ntense, and Notio. |
Financial Overview |
For the fiscal year ended 30 December 2023, Dorel Industries Inc revenues decreased 12% to $1.39B. Net loss before extraordinary items decreased 48% to $62.4M. Revenues reflect dorel Home segment decrease of 26% to $559M, United States segment decrease of 17% to $821.8M, Canada segment decrease of 23% to $90M, Asia (Region) segment decrease of 51% to $6.2M. |
Employees: | 4,200 as of Mar 31, 2022 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $688.52M as of Dec 30, 2023 |
Annual revenue (TTM): | $1,881M as of Dec 30, 2023 |
EBITDA (TTM): | $42.38M as of Dec 30, 2023 |
Net annual income (TTM): | -$84.43M as of Dec 30, 2023 |
Free cash flow (TTM): | $72.28M as of Dec 30, 2023 |
Net Debt Last Fiscal Year: | $499.48M as of Dec 30, 2023 |
Shares outstanding: | 32,557,052 as of Feb 7, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |