Brembo has published its results for 2023. Do they continue the success of 2022?

Revenues in 2023 increased to €3,849.2 million, up 6.1% compared to 2022; EBITDA at €665.8 million; net profit increased by 4.2% to €305 million. Dividend proposal for the General Shareholders’ Meeting: €0.30 per Brembo share.

Record year 2023

Results as of December 31, 2023:
Revenues amounted to €3,849.2 million (an increase of 6.1%; +8% on a constant exchange rate basis). EBITDA at €665.8 million (EBITDA margin: 17.3%); EBIT at €414.1 million (EBIT margin: 10.8%). Net investments and increase in the value of lease assets at €432.9 million. Net financial debt at €454.8 million (€283.6 million before the application of IFRS 16), a decrease of €47.2 million compared to December 31, 2022.