Cycling Drives Progress At Shimano

Shimano is forecasting growth of 21 percent in net income to ¥24.0 billion (€147.9 - $223.4m) for the financial and calendar year 2008, while net sales should go up by 6.2 percent to ¥225 billion (€1.41bn-$2.19bn). Global fishing tackle revenues are expected to reach ¥51 billion (€314.4m-$487.9m), slightly less than ...

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