Accell Group N.V. Reports Earnings Results for the Full Year Ended December 31, 2020

Accell Group N.V. is the European leader in the design, production and marketing of bicycles. Net sales break down by family of products as follows: - bicycles (71.4%): trekking, town, mountain, children's and racing bikes (Haibike, Winora, Ghost, Batavus, Koga, Lapierre, Raleigh, Sparta, Babboe and Carqon brands, etc.); - bicycle parts and accessories (28.6%). Products are marketed primarily via specialized retailers. Net sales are distributed geographically as follows: the Netherlands (26.3%), Germany (40.5%), Europe (31.8%) and other (1.4%).