Shimano will grow less in 2012

2012-02-16T00:00:00

Shimano finished 2011 with a 3.8 percent increase in sales to ¥221.8 billion (€2.15bn-$2.83bn), while the operating income dropped by 3.1 percent to ¥31.7 billion (€307.8m-$404.1m). The ordinary income surged by 14.2 percent to ¥31.7 billion and the net income was up by 3.9 percent to ¥19.9 billion (€193.2m-$253.7m). The ...

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