Positive results for Shimano, especially in Europe

2019-02-19T00:00:00

Thanks to robust sales of components for e-bikes in Europe and strong sales of fishing products globally, Shimano recorded very good results for 2018, with profits soaring. For the year ended Dec. 31, Shimano's sales rose by 3.6 percent to 348,035 million yen (€2.8bn-$3.1bn), while the gross margin dipped by ...

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