Brembo doubles its profit in the first quarter

Brembo closed the first quarter of the year with a profit more than doubled compared to the same period last year. The result for the first three months amounted to 61.4 million euros, an increase of 106% compared to 29.8 million in the first quarter of 2020. Consolidated net revenues amounted to 675.1 million, an increase of 17.2 % (+ 20.9% at constant exchange rates) compared to the first quarter of the previous year. At constant exchange rates and perimeter – following the inclusion in the scope of consolidation …