Business
Dorel Industries files annual meeting materials and re-issues financial statements/management's discussion and analysis
Dorel Industries files annual meeting materials and re-issues financial statements/management's d...
About this update from Dorel Industries Inc. Class A
[{"type":"text","content":"\n\n\n\n Apr. 30, 2010 (Canada NewsWire Group) -- USD $200 million of current portion of long-term debt re-classified to long-term debt\n\n\n >\n\n\nMONTREAL, April 30 /CNW Telbec/ - Dorel Industries Inc. (TSX: DII.A DII.B) announces that it has filed its management information circular and related documents in connection with the annual general and special meeting of shareholders to be held on May 27, 2010. Dorel is also pleased to announce that as a result of the sale of USD $200 million in senior guaranteed notes earlier this month (see press release dated April 6, 2010), it has re-issued its consolidated financial statements and its management's discussion and analysis for the fiscal year ended December 30, 2009 in order to account for the re-classification of USD $200 million from the current portion of long-term debt to long-term debt.\nThe annual meeting materials and re-issued consolidated financial statements and management's discussion and analysis will be mailed to Dorel shareholders shortly and are available under Dorel's SEDAR profile at www.sedar.com, as well as on the company's website at www.dorel.com.\n\nProfile\n\nDorel Industries Inc. (TSX: DII.B, DII.A) is a world class juvenile products and bicycle company. Established in 1962, Dorel creates style and excitement in equal measure to safety, quality and value. The Company's lifestyle leadership position is pronounced in both its Juvenile and Bicycle categories with an array of trend-setting products. Dorel's powerfully branded products include Safety 1st, Quinny, Cosco, Maxi-Cosi and Bébé Confort in Juvenile, as well as Cannondale, Schwinn, GT, Mongoose, Iron Horse and SUGOI in Recreational/Leisure. Dorel's Home Furnishings segment markets a wide assortment of furniture products, both domestically produced and imported. Dorel is a US$2 billion company with 4,500 employees, facilities in nineteen countries, and sales worldwide.\n\nCaution Regarding Forward Looking Statements\n\nCertain statements included in this press release may constitute "forward-looking statements" within the meaning of applicable Canadian securities legislation. Except as may be required by Canadian securities laws, Dorel does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherw...