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Brembo: net profit +29,4%, net revenues +10,5%

In the first nine months of the year, net profit grew by almost 30 percentage points compared to the same period of 2012 – Net revenues over +10% – Net financial debt as at 30 September 2013 was equal to 372 million, in line with the level of 30 June 2013

Brembo: net profit +29,4%, net revenues +10,5%

From January to September, consolidated net revenues amounted to 1,154 billion euros. These are the numbers of the Brembo group, up 10.5% compared to the same period of 2012.

Net profit grew by 29,4% to 63,4 billion. The gross operating margin settled at 150,5 million (+17,1%). Brembo closed the third quarter of 2013 alone with revenues up by 14,5% to 391,5 million euros (+17,4% at constant exchange rates) and net profit up by 50,4% to 20,1 .51,4 million. The gross operating margin settled in the quarter at 27,8 million (+XNUMX%).

Net financial debt as at 30 September 2013 was 372 million, in line with the level as at 30 June 2013.

“The third quarter closes with results above expectations both in terms of revenues and margins. Results to which all markets and all business segments have contributed, albeit to varying degrees", commented the chairman Alberto Bombassei. "The order portfolio - he added - confirms the forecast of the end of the 2013 financial year in line with the trend highlighted up to now".

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