Dorel Industries Extends Forbearance Period and Plans Debt Restructuring

Dorel Class B ( ($TSE:DII.B) ) has provided an update.

Dorel Industries Inc. announced an extension of the forbearance period under its asset-backed loan and term loan facilities to September 30, 2025. This extension is part of the company’s efforts to re-capitalize its balance sheet, aiming to support growth in its Juvenile segment and re-organize its Home segment. The company has engaged capital market advisors to assist in implementing a new debt structure, which is expected to be in place by the end of the extended forbearance period.

The most recent analyst rating on ($TSE:DII.B) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Dorel Class B stock, see the TSE:DII.B Stock Forecast page.

Spark’s Take on TSE:DII.B Stock

According to Spark, TipRanks’ AI Analyst, TSE:DII.B is a Neutral.

Dorel Class B faces substantial financial and operational challenges, with declining revenues and high leverage being the most significant factors. Technical indicators suggest a bearish trend, and the valuation reflects ongoing losses. While there is some potential for recovery through improved cash flow and restructuring, the immediate outlook remains challenging.

To see Spark’s full report on TSE:DII.B stock, click here.

More about Dorel Class B

Dorel Industries Inc. is a global company operating in two main segments: juvenile products and home products. The company is known for its diverse, innovative, and high-quality products, with strong brands such as Maxi-Cosi, Safety 1st, and Tiny Love in the juvenile segment, and a wide range of furniture in the home segment. Dorel has a significant market presence with annual sales of US$1.3 billion and approximately 3,500 employees across 22 countries.

YTD Price Performance: -67.16%

Average Trading Volume: 31,168

Technical Sentiment Signal: Sell

Current Market Cap: C$44.15M

For an in-depth examination of DII.B stock, go to TipRanks’ Overview page.