Brembo SPA (IT:BRE) has released an update.
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Brembo SPA reported a slight increase in revenue for the first nine months of 2024 at €2,927.8 million, highlighting the company’s resilience amid challenging conditions in the automotive sector. The Italian brake manufacturer maintained a stable EBITDA and announced a significant strategic move by acquiring Öhlins, a global leader in suspensions, to bolster its market position.
For further insights into IT:BRE stock, check out TipRanks’ Stock Analysis page.