First Quarter Conference Call May 9, 2013 - Dorel Industries

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FINAL TRANSCRIPT May 9, 2013 – 01:00 p.m. E.T. Dorel Industries First Quarter Results Jeffrey Schwartz In six months. Derek Lessard So by the… by Q4? Jeffrey Schwartz Yeah. Derek Lessard Okay. Thanks. Thanks, guys. Operator Ladies and gentlemen, if there are any additional questions at this time, please press the * followed by the 1. As a reminder, if you are using a speakerphone, please lift the handset before pressing the keys. Your next question comes from the line of Tal Woolley, with RBC Capital Markets. Please go ahead. Tal Woolley Thanks. Just wanted to follow up on the Advance Air + launch. It's more… it sounds like it's more of a technology launch that could maybe be scaled across multiple products? Jeffrey Schwartz Yes, of course. "Though CNW Group has used commercially reasonable efforts to produce this transcript, it does not represent or warrant that this transcript is error-free. CNW Group will not be responsible for any direct, indirect, incidental, special, consequential, loss of profits or other damages or liabilities which may arise out of or result from any use made of this transcript or any error contained therein." « Bien que CNW Telbec ait fait tous les efforts possibles pour produire cet audioscript, la société ne peut affirmer ou garantir qu’il ne contient aucune erreur. CNW Telbec ne peut être tenue responsable de pertes ou profits, responsabilités ou dommages causés par ou découlant directement, indirectement, accidentellement ou corrélativement à l’utilisation de ce texte ou toute erreur qu’il contiendrait. » 32
FINAL TRANSCRIPT May 9, 2013 – 01:00 p.m. E.T. Dorel Industries First Quarter Results Tal Woolley Okay. So the… and then in Europe this quarter, obviously, you know, there was some weakness in the Juvenile business, but it sounds like, just to make sure I understand you clearly, you haven't really changed your internal sales plan much, so you don't really… it sounds like that's… you know, you see that, the decline, more as a… more as timing rather than any sort of broader issue related to Europe. Jeffrey Schwartz Pretty much that's it. Yeah. Martin Schwartz I mean, you know, we're down a little bit from our plan, but our plan… well, we're pretty close to the plan. Tal Woolley Okay. Martin Schwartz So you know, on the top line. Tal Woolley And then, you know, given the weather situation, I'm sure Sugoi's results this quarter weren't, you know, any better than the rest of the business. But just wondering if you can speak to sort of the turnaround efforts that continue there. "Though CNW Group has used commercially reasonable efforts to produce this transcript, it does not represent or warrant that this transcript is error-free. CNW Group will not be responsible for any direct, indirect, incidental, special, consequential, loss of profits or other damages or liabilities which may arise out of or result from any use made of this transcript or any error contained therein." « Bien que CNW Telbec ait fait tous les efforts possibles pour produire cet audioscript, la société ne peut affirmer ou garantir qu’il ne contient aucune erreur. CNW Telbec ne peut être tenue responsable de pertes ou profits, responsabilités ou dommages causés par ou découlant directement, indirectement, accidentellement ou corrélativement à l’utilisation de ce texte ou toute erreur qu’il contiendrait. » 33
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First Quarter Conference Call May 9, 2013 - Dorel Industries

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