Brembo reports sales drop, but Q3 margins in line with the previous year
Brake manufacturer Brembo has reported third quarter revenues of 1,559.9 million euros (-20.9 per cent compared to the previous year). Pre-tax profits (EBITDA) amounted to 267.1 million euros. Meanwhile EBITDA and EBIT margins of 17.1 per cent and 7.1 per cent respectively were described as “in line with the previous year.”