Shimano’s bike division rises by 8.3%

2013-08-13T00:00:00

Shimano reported net sales of ¥133.1 billion (€1.04bn-$1.38bn) for the first half ended June 30, representing a 7.7 percent increase from the first half of 2012. The revenues of its bicycle division grew and fulfilled the company's previous forecast despite unfavorable weather conditions in key regions, offset by the depreciation of ...

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