Dorel Industries reports 4Q loss

WESTMOUNT, Quebec (AP) _ Dorel Industries Inc. (DIIBF) on Thursday reported a loss of $3 million in its fourth quarter.

The Westmount, Quebec-based company said it had a loss of 9 cents per share. Earnings, adjusted for non-recurring costs, were 62 cents per share.

The maker of bicycles, child safety products and home furnishings posted revenue of $677.1 million in the period.

For the year, the company reported net income of $30.6 million, or 94 cents per share, swinging to a profit in the period. Revenue was reported as $2.58 billion.

Dorel Industries shares have fallen 10 percent since the beginning of the year. The stock has decreased 15 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DIIBF at https://www.zacks.com/ap/DIIBF