Shimano’s 2015 European Sales Growth Centred On E-Bikes

OSAKA, Japan – In its summary of the company’s 2015 financial results Shimano reports on brisk demand for high-end, e-bike related products in Europe. Despite lower sales volumes, Shimano still managed to continue its double digit growth in 2015. Net sales in bicycle components increased by 14.6% to JPY 314,010 million (€2,463mn) while operating as well as net income increased with even bigger numbers.

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