Shimano Records Small Net Sales Growth in First Half Year

OSAKA, Japan – In its report on the financial results made in the first half year of 2019 Shimano names specifically its STEPS e-bike drive system as one of the growth drivers, next to disc brake components for high-end road bikes. However, despite e-bikes’ double digit sales growth in many European countries in 2018, which most likely continued in the first half of this year, this trend did not push up Shimano’s results with big percentages.