Shimano release Q3 results - BikeBiz

Shimano release Q3 results

High sales of Deore XT boost Japanese company's Q3 results
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Shimano has released its Q3 results. Bike parts sales increased 28.6 percent year on year, while operating income increased 51.1 per cent. Bike parts sales for the end of the third quarter were £459m.

A Shimano press statement said: "The growing preoccupation worldwide with the environment and a healthy lifestyle has had a favourable impact on sales."

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