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Italy: Brembo’s earnings growth fades in Q3

Brembo has reported continuing revenue growth in Q3 2011, partly driven by consolidation changes, but EBIT declined slightly, reflecting higher raw materials costs and production costs and there were more substantial falls at the pre-tax and net earnings levels, the result of higher financial charges. Specific forecasts for the full year Subscribe to Automotive World … Continued

Brembo has reported continuing revenue growth in Q3 2011, partly driven by consolidation changes, but EBIT declined slightly, reflecting higher raw materials costs and production costs and there were more substantial falls at the pre-tax and net earnings levels, the result of higher financial charges.

Specific forecasts for the full year

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https://www.automotiveworld.com/articles/90343-italy-brembo-s-earnings-growth-fades-in-q3/

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