Q1 REVENUES €575.9 MILLION (-13.7% OR -13.3% ON A LIKE-FOR-LIKE CONSOLIDATION BASIS), EBITDA AT €102 MILLION (EBITDA MARGIN: 17.7%), NET PROFIT AT €29.8 MILLION
Compared to Q1 2019:
Brembo Chairman Alberto Bombassei stated:
“Brembo's results for the first quarter of the year were impacted by the crisis triggered by a pandemic without equal in contemporary history.
In a context of global emergency, Brembo's reaction was based on four key drivers, and, of course, on ensuring the total safety of human capital that has faced this moment with a sense of responsibility:
Although the sector where we operate is one of the most impacted by the general uncertainty, we are confident we will resume growth, with even greater strength and determination, in the medium/long-term.”
Senior Account Manager DACH / UK