Brembo : Decent Q1, 2024 guidance marginally lowered
>Q1 2024 in line with expectations; 2024 guidance slightly lowered - Brembo reported yesterday (intraday) a set of Q1 2024 results broadly in line with expectations. The group reports modest sales growth (€ 1,005m, +4% y-o-y, +5% l-f-l, in line with the consensus of € 982m), with a stable EBITDA margin (€ 177m, +5% y-o-y vs css/ODDO BHF € 175m), a slight increase in EBIT margin (€ 113m, +8% y-o-y vs css € 110m, ODDO BHF € 106m), but a slight decline in attributable n...
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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