2024-03-10 10:40:00 ET
Summary
- Brembo is a global leader in braking systems for automotive vehicles, with a strong international presence.
- The company reported a 6.1% increase in revenue and a 6.5% increase in EBITDA in 2023.
- Brembo plans to invest in expansion, including the construction of a new plant in Thailand, to gain market share in the motorbike sector.
Introduction
Brembo ( OTCPK:BRBOF ) ( OTCPK:BRBOY ) is one of the world’s largest developers and manufacturers of braking systems for automotive vehicles. It doesn’t just manufacture the brake discs, but has now also developed entire braking systems that are being installed in cars and motorbikes....
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Brembo: A Serial Compounder With A 10% Free Cash Flow Yield