Brembo : Q3 results below expectations and 2024 guidance cut again
>Q3 results miss expectations, 2024 guidance lowered for the second time this year - Yesterday during trading hours, Brembo reported Q3 results that came below expectations (sales -5% vs css, EBITDA -9%, EBIT -16%, attributable net profit -39%, 3 estimates). The group reported sales of € 923m, -5% y-o-y, -8% q-o-q, below expectations (css € 968m), dragged by its Motorcycle and Commercial Vehicle divisions (slight outperformance for the Auto BU). EBITDA totalled € 150...
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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