Brembo SPA (IT:BRE) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.