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Dorel Industries Inc. (T:DII.B)

Business Focus: N/A

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: $705.96M as of Dec 30, 2023
Annual revenue (TTM): $1,903M as of Dec 30, 2023
EBITDA (TTM): $42.88M as of Dec 30, 2023
Net annual income (TTM): -$85.42M as of Dec 30, 2023
Free cash flow (TTM): $73.13M as of Dec 30, 2023
Net Debt Last Fiscal Year: $505.35M 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