Italy's Brembo Q2 net profit up 7.6 percent

Newswire

MILAN, July 31 (Reuters) - Italian brake maker Brembo said on Tuesday its net profit rose 7.6 percent to 14.5 million euros in the second quarter from a year before, bolstered by strong sales in its main market, Germany, and in the United States. Revenues for the second quarter were up 10 percent at 352.7 million euros. Earnings before interest, tax, depreciation and amortisation(EBITDA) were 45.5 million euros, up 6.8 percent year on year. "The ...

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