Shimano’s bike sales grew by 19.2 percent to ¥133.50 billion...

Shimano’s bike sales grew by 19.2 percent to ¥133.50 billion (€1.10bn-$1.43bn) in the first nine months of 2008. Its operating income on bike products increased by 27.2 percent to ¥25.55 billion (€211.1m-$274.9m). Sales of bicycle products made up 78.5 percent of the company’s total, and its fishing business accounted for ...

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