May 7 (Reuters) - Italian premium brake maker Brembo BRBI.MI on Thursday forecast 3% growth in revenue at constant exchange rates in 2026, upgrading from its previous guidance of revenue in line with last year, despite the unstable geopolitical and macroeconomic environment.
Brembo's shares jumped after the results, rising as much as 11% before paring some gains to trade 6% higher.
The Bergamo-based group posted a 0.9% increase in its first-quarter core profit (EBITDA) to 154.7 million euros ($182.11 million), while its revenue fell 2.1% in the quarter to 937.4 million euros.
"The first quarter of the year closed with solid results, despite a geopolitical and market context that remains complex," Executive Chairman Matteo Tiraboschi said in a statement.
($1 = 0.8495 euros)
(Reporting by Romolo Tosiani in Gdansk; Editing by Matt Scuffham)
((Romolo.Tosiani@tr.com;))