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More Profit for Shimano

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NUNSPEET, Netherlands (February 24th) – Another 6.6 % extra turnover for Shimano in 2003. The good summer and resulting excellent sales have done Shimano a lot of good (as it has done the whole bike-business) and a total turnover of 143,65 billion Yen (1,0567 million Euro) is an outstanding result to say the least. An […]

NUNSPEET, Netherlands (February 24th) – Another 6.6 % extra turnover for Shimano in 2003. The good summer and resulting excellent sales have done Shimano a lot of good (as it has done the whole bike-business) and a total turnover of 143,65 billion Yen (1,0567 million Euro) is an outstanding result to say the least. An upturn in net profit to reach the 51,9 % mark, resulting in a total of 12,25 billion Yen (89,92 million Euro).(MH) source: Shimano

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