Euretco expanded in 2002

Euretco’s turnover rose by 13 pecent to €81m.

And IBD members did better than the industry average too. According to market figures produced by Dutch IBD organisation GFK, Dutch IBDs sold 7 percent less bicycles in 2002 compared with 2001 and the total turnover was 1 percent down year on year. However, Euretco affliaited IBDs had – on average – 1.7 percent higher turnover than in 2001.