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Brembo does not hold back: boom in profits (+21,5%) in the half year

In the first six months of the year, the braking system manufacturer achieved clear growth in results: net profit +21,5% on an annual basis and revenues +8,6% to 762,8 million – For the rest of 2013 the company margins and turnover are expected to be in line with the first half.

Brembo does not hold back: boom in profits (+21,5%) in the half year

The first of Brembo is archived, which closes with a net profit up by 21,5% on an annual basis to 43,2 million euros and turnover up by 8,6% to 762,8 million. As regards the second quarter alone, profit stood at 22,6 million (+55,8%) and revenues at 390,8 million (+10,8%).

For the second half of the year, the braking system manufacturer expects results in line with those obtained in the first six months of the year.

The stock moved little, losing 0,18% in Piazza Affari in the late morning, in line with the performance of the Ftse Mib.

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