Edition:
United Kingdom

Brembo Q1 EBITDA At EUR 126.6 Mln


Tuesday, 8 May 2018 

May 8 (Reuters) - Freni Brembo SpA ::SAYS Q1 REVENUE EUR 657.9 MILLION VERSUS EUR 632.6 MILLION YEAR AGO.SAYS Q1 EBITDA EUR 126.6 MILLION VERSUS EUR 125.5 MILLION YEAR AGO.SAYS Q1 EBITDA MARGIN 19.2 PERCENT VERSUS 19.8 PERCENT YEAR AGO.SAYS Q1 NET PROFIT EUR 68.2 MILLION VERSUS EUR 67.7 MILLION YEAR AGO.ORDER BACKLOG FORECAST CONFIRMS THAT SALES WILL CONTINUE TO RISE FOR REST OF YEAR.CURRENCY TRENDS MIGHT CURTAIL SALES GROWTH ALSO IN FORTHCOMING MONTHS.DEPUTY CHAIRMAN SAYS PERFORMANCE OF INDUSTRIAL FUNDAMENTALS WAS IMPACTED BY MARKEDLY NEGATIVE EXCHANGE RATE, WHICH NEARLY HALVED REVENUE GROWTH. 

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