Brembo is reporting first half net profit up 21.5% to EUR43.2m (US$57.1m), while revenue rose 8.6% to EUR762.8m.
Sales in Germany increased 12.1%, in North America by 14.5% and in China, by 37.8%.
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“The uptrend, which has been characterising the Group for the past four years, encourages us to forge ahead on the path we have embarked upon,” said Brembo chairman, Alberto Bombassei.
“Although the Italian market continues to decline, in Germany, the US and Asia we reported significant increases, both in terms of business volume and market share. Our orders book confirms the forecasts of the Group’s positive trend for the rest of the year.
“Against this backdrop, we are confirming all the investments needed to achieve a level of industrial development that can meet the requirements of expected growth rates.”
