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Brembo, profit boom: +44% in the first half

“We are overall satisfied with the results for the half-year, both in terms of growth and profitability”, commented the Chairman Alberto Bombassei.

Brembo, profit boom: +44% in the first half

Turnover increased by 11% to 702,6 million euros, thanks to the positive contribution of all sectors of activity. Net profit +43,9% to 35,6 million euro. Net financial debt of 351,5 million euros, in line with the level of the first quarter of 2012. These are the main results of the Brembo group, world leader in disc braking systems and manufacturer of other automotive components, in the first semester of the year.

“We are overall satisfied with the half-year results, both in terms of growth and profitability – he commented the President Alberto Bombassei – the trend in the order portfolio allows us to look to the coming months with confidence. However, we are carefully observing the evolution of the economic and financial crisis which is also affecting the automotive markets in Southern Europe"

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