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Freni Brembo SpA (BRBI.MI)

BRBI.MI on Milan Stock Exchange

14.15EUR
6:13am EDT
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€14.11
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Latest Key Developments (Source: Significant Developments)

Brembo says H1 net profit jumps 43 percent
Thursday, 28 Jul 2016 05:55am EDT 

Italian brakes maker Brembo says: H1 net profit 127.1 million euros, up 43 percent . H1 revenues 1.15 billion euros, up 10 percent . H1 EBITDA margin at 19.8 percent vs 16.8 percent in the same period last year . order book projection confirms expectations for good revenue growth in second half of the year, looking at coming months with "cautious optimism" . reiterates ramp-up costs related to the new U.S. and Mexican plants will start to be booked in H2 Further company coverage: [BRBI.MI] (Reporting by Milan newsroom).  Full Article

Italy's Brembo sees high single-digit revenue rise in 2016
Tuesday, 10 May 2016 11:32am EDT 

Brembo Executive Vice Chairman Matteo Tiraboschi tells Reuters: group is talking to companies in automobile and IT sectors to develop technology for self-driving cars . group expects high single-digit revenue increase, sees EBITDA margin at 17 percent in 2016 Further company coverage: [BRBI.MI] (Reporting by Milan Newsroom).  Full Article

Brembo Q1 revenues rise by 10 pct, profit up over 30 pct
Tuesday, 10 May 2016 05:00am EDT 

Italian brakes maker Brembo says: net profit in the first quarter rose by 32 percent at 60.4 million euros compared with a year ago . in the first three months of the year earnings before interests, taxes, depreciation and amortisation (Ebitda) stood at 109.7 million euros . Q1 revenues grew by 10 per cent to 563.6 million euros . Order book projections confirm that revenues will show a good growth also in the remainder of the year Further company coverage: [BRBI.MI] (Reporting by Milan newsroom).  Full Article

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Special Report: How Brexit is set to hurt Europe's financial systems

LONDON/BERGAMO, Italy Like many multinational companies, Italian engineering business Brembo relies on London to run its finances. The company, based close to the Alps, makes brakes for Formula One cars and motorbikes and sells them in 70 countries. Hundreds of millions of euros pass through its bank accounts each year – and London is the hub for those flows. | Video