US EditionCanyon Is Struggling with a Decline in Sales: Gbl Reports Losses in the First Half of 2025 - Mtb-news.de
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The Belgian investment company Groupe Bruxelles Lambert (GBL), which owns a majority of 49.9 % of Canyon, has published sobering business figures of the Koblenz bicycle manufacturer in the current half-year report. Challenges in the bicycle market According to the half-year report of GBL, Canyon recorded sales of EUR 398 million in the first half of 2025, which corresponds to a decrease of about 5% compared to the previous year. Earnings before …
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