Brembo has recorded first-half 2021 revenue up 43% to EUR1.36bn.
“The results for the first half of 2021, approved by the board of directors, consolidate the positive trend that began in the fourth quarter of the previous year,” said Brembo chairman, Alberto Bombassei.
“The first six months testify not only to Brembo’s strong, immediate recovery after a difficult 2020, but also a return to growth for the company, with revenues and net profit even exceeding those for the same period of 2019.
“All business segments and geographical areas in which Brembo operates reported double-digit growth compared to the first half of 2020. Consistently with the strategy already announced, in the reporting period the Group acquired businesses in innovative sectors that reflect the new automotive-related megatrends.
“Although the market remains uncertain overall, due to some external factors, the figures for the first half of the year allow us to look with confidence to 2021, in which we continue to invest. In the first months of the year, we announced the acquisition of the J.Juan group in Spain, a leader in the motorbike sector, with the aim of expanding our solutions portfolio.
“More recently, we have also announced the opening of Brembo Inspiration Lab, our first centre of excellence in the US, in the Silicon Valley, to accelerate Brembo’s digitalisation.”