Accell Group’s Revenues Climb 6.2 Percent In 2021

March 7, 2022

Accell Group reported EBIT grew 47 percent in 2021 on a 6.2 percent sales gain.

Net sales of €1,377 million, up 6.2 percent despite ongoing component shortages. Growth was driven by higher sales of
parts & accessories, mainly volume-driven, and higher bicycle sales due to improved pricing and mix offsetting
declining volumes. SGB Media