Report
Anthony Dick ...
  • Michael Foundoukidis

Brembo : Le CA est résilient mais les marges le sont beaucoup moins

>T3 légèrement inférieur à nos attentes, 2021 globalement inchangé - Brembo a publié des résultats T3 supérieurs à nos attentes sur le CA mais légèrement inférieurs sur les résultats (-5% sur l’EBITDA, -10% sur l’EBIT, -11% sur le RNpdg), traduisant une dégradation importante de la marge (-350 pb QoQ/-330 pb YoY) sous l’effet de l’inflation des intrants et de la volatilité des commandes. Si le groupe devrait récupérer une partie des surcoûts dans les prochains trimest...
Underlying
Brembo S.p.A.

Brembo operates in the field of components for the motor vehicle industry, designing, manufacturing and marketing disc braking systems. The product ranges includes performance brake calipers, brake discs, wheel side assemblies, complete braking systems and integrated engineering services that accompany the development of new vehicle models marketed by car and motorbike manufacturers. Co.'s products and services are employed on cars, commercial vehicles, and motorbikes, as well as in racing. Co. is divided into several manufacturing and marketing units which Co. coordinates.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Anthony Dick

Michael Foundoukidis

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