Shimano makes higher profits

2014-02-10T00:00:00

The depreciation of the Japanese yen and growing Chinese demand for sports bicycles helped Shimano to book a 10.2 percent increase in its total sales last year to 271.0 billion yen (€1,954.8m-$2,656.8m), more than offsetting the impact of cold and wet spring weather in all its major markets and higher ...

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