Financial

Shimano finished the FY strongly, but slowing down

By Eugenio Di Maria 2022-02-09T18:24:00

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Shimano’s consolidated revenues went up by 44.6 percent to 546.3 billion yen (€4.14bn-$4.73bn) in the financial year ended Dec. 31, recovering from growth of only 4.1 percent in the previous year. Still, the company is guiding for an increase of only 6.1 percent in 2022. The group’s operating earnings jumped ...

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