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Dahon Breaks All-Times Sales Record

Published October 16, 2007

DUARTE, CA (BRAIN)—Dahon just announced record sales for the first half of 2007.

Unit volumes of bicycles sold grew by 27 percent to 180,000 units, and revenues increased by 36 percent compared to the period a year earlier. Both unit volume and revenue numbers represent all time highs for Dahon.

"We're very pleased with our 2007 numbers to date," said David Hon, president and chief executive officer of Dahon. "But what is especially gratifying is seeing folding bicycles gaining mainstream acceptance in so many markets around the world. Every day, more and more people are turning to bikes in general, and folding bikes in particular, for everyday transport—and that's the mission of the company."

Topics associated with this article: Earnings/Financial Reports

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