The conference call and webcast will start at 11:00 p.m. Eastern Time. Call 514 807 8791 (Montreal or overseas) or 1-800-814-4853 (elsewhere in North America).
Dorel CFO, Jeffrey Schwartz, said the Pacific Cycle transaction is expected to close early in February.
Sales in the new recreational/leisure division are expected to be in the range of $335m to $375m for the 11 months of 2004. Earnings from operations as a percentage of sales are expected to be between 11.5 percent and 12.5 percent.
"This, quite obviously, is a new business for us, so we are being prudent in our expectations," said Schwartz