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Brembo lowers 2025 revenue target, but sticks with margin goal

Nov 6 (Reuters) - Italian premium brake maker Brembo BRBI.MI said on Thursday its 2025 revenue was expected to fall 2%, after previously guiding for it to be in line with last year's, citing the unstable geopolitical and macroeconomic environment.

The premium brake maker's July-to-September revenue stood at 909 million euros ($1.1 billion), down 1.5% from a year earlier, while its earnings before interest, taxes, depreciation and amortisation rose 8.2% to 161.9 million euros.

That corresponded to a quarterly EBITDA margin of 17.8%. Brembo confirmed its core profit margin target of more than 16%.

($1 = 0.8575 euros)

(Reporting by Romolo Tosiani in Gdansk; Editing by Milla Nissi-Prussak)

((Romolo.Tosiani@tr.com;))

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