Reported 3 months ago
Brembo, the Italian brake manufacturer, showcased stable financial performance in the first half of the year, with a slight earnings growth of 2.1% and revenue surpassing 2 billion euros for the first time. Despite challenges in the automotive market, the company maintained a steady EBITDA margin of 17.5%. This prompted a 3.8% rise in its shares, reflecting resilience amid geopolitical and market pressures.
Source: YAHOO