Shimano’s sales grow by 29.5%

2015-05-05T00:00:00

Boosted by the depreciation of the yen, Shimano saw its sales increase by 29.5 percent to 98.02 billion yen (€728.3m-$815.6m) in the first quarter of 2015, advancing more strongly with its bicycle components than with its fishing tackle products. Operating earnings jumped by 63.0 percent to ¥23.19 billion (€172.3m-$193.0m) and ...

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