Company Profile
 
ACCELL GROUP
Codes and classification
 ISIN  NL0000350106  Mnemo  ACCEL  CFI  ES
 Market  EURONEXT AMSTERDAM - Euronext - Local Securities
 Type  Stock - Ordinary stock - Continuous  Compartment B (Mid Caps)
ICB sectorial classification
Industry: 3000, ConsumerGoods
SuperSector: 3700, Personal
Sector: 3740, Leisure Goods
Subsector: 3745, Recreational Products
Activity

Accell Group is the European leader in the design, production and marketing of bicycles. Net sales break down by product family as follows:
- bicycles, bicycle parts and accessories (92.6%): bicycles (trekking, town, mountain, children's and racing bikes), and accessories. The products are marketed under the following brands: Batavus, Hercules, Koga-Miyata, Lapierre, Loekie, Sparta, Mercier, Redline, Winora and Staiger;
- fitness equipment (7.4%): principally Bremshey and Tunturi brands.
Products are marketed primarily via specialised retailers.
Net sales are distributed geographically as follows: the Netherlands (43.8%), Germany (23.2%), France (9.7%), Europe (14.6%) and other (8.7%).
Source: COFISEM - Last update: 20/08/09
Key figures
Millenium 2008 2007 2006
Revenue* 538,035 476,073 431,730
Operating profit* 46,156 34,956 30,122
Net profit 28,567 19,814 18,387
Shareholder's equity 132,123 107,081 91,918
Total assets 335,420 277,631 245,568
Fiscal year end 12.08 12.07 12.06
Length of fiscal year (months) 12 12 12
Currency & Unit EUR - THOUSANDS EUR - THOUSANDS EUR - THOUSANDS
Account standards IFRS IFRS IFRS
Source: COFISEM -  Last update:  20/08/09
Address Calendars 
Accell Group
4 Industrieweg Po Box 435
8444 AR Heerenveen
Netherlands
Phone number:+31 (0)513 638 703
Fax:+31 (0)513 638 709
http://www.accell-group.com
Top management
Chief Executive Officer R.J. Takens
Chief Operating Officer J. M. Snijders Blok
Chairman of the Supervisory Board S.W. Douma
Chief Financial Officer H.H. Sybesma
Source: COFISEM  - Last update: 20/08/09
Shareholders
Aviva 12.99 %
Darlin 7.4 %
Delta Deelnemingen Fonds 6.94 %
R.J.H Kruisinga 6.9 %
Fortis Verzekeringen Nederland 5.75 %
Boron Investments 5.19 %
J. H. Langendoen 5.13 %
H. Ziengs 5.08 %
Source: COFISEM  - Last update: 20/08/09
 

Some explanations on the accounts

Net profit:
The net (after tax) profit for the entire group as a whole. This includes the Group's share of the net profit, as well as the net profit for the minority interests.

IAS-IFRS standard
2005 accounts for companies listed on Eurolist are in the IAS-IFRS accounting standard. Companies listed on a regulated market are under the obligation to publish their 2005 aggregated accounts in the IAS-IFRS standard.

Data in IAS-IFRS standard
In the « Bank » sector, the « Net sales » corresponds to « Revenues » (or « Net sales »)
In the "Insurance" sector, the « Premiums» corresponds to the « Revenues » (or « Net sales »).
In the "Listed property trusts" sector, the « Gross rental income»corresponds to the « Revenues » (or « Net sales »).
In the "Société de Portefeuille" sector, the « Income» corresponds to the « Revenues » (or « Net sales »).

Data in local standard
*Those data are based on the Accounting standards in force in the "Industry" sector, excepted for some anglo-saxon listed companies which use "Operating profit" instead of "Operating income".
In the « Bank » sector, the « Net banking incomes » corresponds to « Revenues » (or « Net sales »).
In the "Insurance" sector, the « Premiums» corresponds to the « Revenues » (or « Net sales »).
In the other sectors with a specific activity, the « Investment revenues» corresponds to the « Revenues » (or « Net sales »), the « Operating income » to the « Operating profit ».