News Article

Bike Sector Outperforms all other Transportation Industries

Home

AMSTERDAM, the Netherlands – Surely it must be a first in history; during the first half of this year net income/net profit growth among bike companies was the highest of all other transport industries including automotive, trucking, aerospace and the automotive suppliers.

Bike Sector Outperforms all other Transportation Industries
It’s almost certain than the bike sector will come on top once again in the coming years. – Photo Sparta

Growth rate of the bike companies net income (also referred to as net profit) stood highest at Shimano Inc. during the first half of 2015. The Tokyo stock market listed company reported a 75.8% growth in net income! For Accell Group NV net profit grew 21% while for Giant Manufacturing this stood at 11.5%.

Car, truck, jetliner-makers

Apart from Giant (whose results are pressured by disappointing results in China) there’s no other company in the transportation sector that scored such results. When looking at the automotive industry it shows that Ford (-5.5%) and GM (-3.7%) wrote mid-year results in red. Fiat-Chrysler was the best performing car maker with a 19.3% plus followed by Daimler with 16.2% plus. VW, Honda and Toyota presented lower results.

The same goes for truck-makers among which Volvo is best with a plus of 16.8%. For jetliner manufacturers Boeing (+11.3%) and Airbus (+15.8%) the first half of 2015 also turned out OK. But less OK compared to the bike industry. The same goes automotive suppliers like Continental and Michelin (see overview on this page).

With the e-bikes gaining further momentum in other main European markets than Holland and Germany and gaining momentum in other bike categories like MTB’s, it’s almost certain than the bike sector will come on top once again in the coming years.

Transportation Industry

Mid-Year Earnings Revenue Growth 2015

Automotive Growth Rate

  • Ford -5.50%
  • GM -3.70%
  • Fiat – Chrysler +19.30%
  • Toyota +8.40%
  • Honda +7.30%
  • VW +10.30%
  • Daimler +16.20%

Trucking

  • Paccar +10.30%
  • Navistar -1.90%
  • Volvo +16.80%

 Aerospace

  • Boeing +11.30%
  • Airbus +15.84%

 Tier 1 Automotive Suppliers

  • Continental +14.00%
  • Delphi -2.60%
  • Denso -20.10%
  • Michelin +13.40%
  • TRW +11.00%

Bicycle Industry

  • Accell +21.00%
  • Giant +11.50%
  • Shimano +75.80%

 

Comment on this article
Before commenting read our rules on posting a comment.