The General Shareholders’ Meeting of Brembo held today approved:
Approval of the Financial Statements and Allocation of Profit
The General Shareholders’ Meeting of Brembo, held today under the chairmanship of Matteo Tiraboschi, approved the Financial Statements for the year ended 31 December 2021 and the distribution of a gross dividend of €0.27 per share outstanding at ex-coupon date, with the exclusion of own shares. The dividend will be paid as of 25 May 2022, ex-coupon No. 5 on 23 May 2022 (record date: 24 May 2022).
As already announced, Brembo Group’s revenues for 2021 amounted to €2,777.6 million, up 25.8% compared to the previous year (+25.0% on a like-for-like consolidation and exchange rate basis). In 2021, EBITDA amounted to €502.7 million (EBITDA margin: 18.1%), EBIT to €288.0 million (EBIT margin: 10.4%) and net profit to €215.5 million.
The Parent Brembo S.p.A.’s net revenues for 2021 were €1,021.3 million, up 25.3% compared to the previous year.
The General Shareholders’ Meeting approved the following allocation of the €111.2 million profit:
Senior Account Manager DACH / UK