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Brembo Maintains Revenue Stability and Expands Global Presence in 2024

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Brembo Maintains Revenue Stability and Expands Global Presence in 2024

Meet Your ETF AI Analyst

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.

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