Italian premium brakes maker Brembo on Monday posted a 33% rise in first-quarter core earnings, helped by a robust recovery across its businesses and markets where it operates, pushing shares up more than 3%. Brembo said its “order levels confirm that the year has begun on a positive note”, adding the impact of the chip shortage on its clients’ supply chain was difficult to estimate at present.
Brembo posts strong Q1 on robust recovery across markets
2021-05-10T10:34:36-04:00May 10th, 2021|