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Brembo
Earnings Release • Jan 30, 2025
4472_rns_2025-01-30_146f5470-3e75-427f-817b-dac03a7dc790.pdf
Earnings Release
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BREMBO 2024 PRELIMINARY RESULTS: REVENUES STABLE AT Ȗ 3,841.2 MILLION; EBITDA AT Ȗ 661.6 MILLION (17.2%)
The results are in line with market guidance and demonstrate the Group's strong resilience in a difficult historical phase for the automotive sector
Bergamo, January 30, 2025 – Brembo's Board of Directors, chaired by Executive Chairman Matteo Tiraboschi, examined the 2024 preliminary1 results.
In a complex global scenario, marked by significant difficulties in the automotive industry, particularly in Europe, Brembo achieved preliminary revenues of Ȗ 3,841.2 million in 2024, stable compared to Ȗ 3,849.2 million in 2023. The preliminary EBITDA margin, amounting to Ȗ 661.6 million, is also in line with the previous year's figure and market guidance, representing 17.2% of revenues.
"These preliminary results confirm the solidity of Brembo's business model despite the challenging times faced by our industry", said Executive Chairman Matteo Tiraboschi. "Our strength lies in continuous innovation and the passion of our people, who work with great commitment every day to keep the Group at the forefront. In 2024, we continued to invest in strengthening our global industrial presence".
The Group's consolidated results will be announced on March 18, following the approval of the Annual Financial Statements.
For information:
Luca Di Leo Chief Communications Officer +39 035 6052164 [email protected]
Daniele Zibetti Corporate Media Relations +39 035 6053138 [email protected] Roberto Grazioli Chief Investor Relations Officer +39 035 6055828 [email protected]
Laura Panseri Investor Relations Senior Manager +39 035 6052145 [email protected]
1 The preliminary data contained in this press release have not been audited.