UPDATE 1-Brembo H1 net profit rises 21 pct on U.S., German sales

Newswire

MILAN, July 31 (Reuters) - Italian brake maker Brembo said net profit rose 21.5 percent in the first half of this year thanks to better performances in the United States and Asia, where auto sales are rising, and Germany, where high-performance cars are selling well. The firm, which makes brakes for Ferrari and BMW, said on Wednesday it expected revenues in the second half of the year to be in line with the first half. Brembo sales rose 8.6 ...

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Jul 26, 2016
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