Brembo SPA ( (IT:BRE) ) just unveiled an update.
Brembo reported stable revenue for 2024 at €3,840.6 million, with a slight increase in renewable energy usage. Despite challenges in the automotive sector, Brembo maintained its market position through strategic investments, including the acquisition of Öhlins and a partnership with Michelin. The company also expanded its global presence with a new site in Thailand, showcasing its commitment to innovation and long-term growth.
More about Brembo SPA
Brembo SPA is a leading company in the automotive industry, known for its high-performance braking systems. The company focuses on innovation and sustainability, with a significant share of its energy coming from renewable sources.
YTD Price Performance: 4.81%
Average Trading Volume: 46,020
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €3.23B
For a thorough assessment of BRE stock, go to TipRanks’ Stock Analysis page.