Shimano sees a 4.1 percent sales rise in its bicycle division

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Ross
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Shimano sees a 4.1 percent sales rise in its bicycle division

Postby Ross » Wed Feb 14, 2018 9:15 am

https://www.bikebiz.com/news/shimano-po ... ft-in-2017

Shimano saw a 4.1 percent sales rise in its bicycle division, reveals the Japanese company's 2017 financials. Looking to the future the firm's corporate report welcomed the Trump administration's tax reforms, but worried that "global conflict" and "confusion" might wipe out any gains.


Shimano's report forecasts a 6.3 percent increase in sales in the first half of the year and a 4.2 percent increase for 2018 as a whole.

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