Stezzano / 07.11.2019

Brembo financial results at 30 September 2019

Brembo

Results compared to the first nine months of 2018:

  • Revenues at €1,971 million (-0.9% on a like-for-like consolidation basis)
  • EBITDA at €394 million (EBITDA margin: 20%), EBIT at €249.2 million (EBIT margin: 12.6%)
  • Net financial debt at €414.5 million
  • Net investments amounted to €152.5 million

Chairman Alberto Bombassei stated: “The results for the third quarter of 2019 approved by Brembo S.p.A.’s Board of Directors today testify to the Company’s ability — in a scenario of persistent, severe uncertainty within the global automotive market — to effectively manage its long-term strategies and to achieve performances that, albeit slightly decreasing, nonetheless remain above the average for the market of reference. There were positive signs from the Motorbike, Performance and Aftermarket businesses, thanks to a constantly evolving product portfolio in each of these segments. The margins resilience is noteworthy, particularly in this environment.”



Contact person

Martin Pohl

Account Manager DACH / UK


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