Brembo sees no growth in 2026 earnings and revenue, shares fall

Brembo NV

18/03/2026 12:02

March 18 (Reuters) - Italian premium brake maker Brembo BRBI.MI sees no growth in its core profit margin or revenue in 2026, it said on Wednesday, underscoring lack of recovery in the auto industry and sending its shares 10% lower.

Last year, its core profit margin was 16.5% on revenue of 3.7 billion euros ($4.3 billion).

"Looking towards 2026, the geopolitical scenario has further deteriorated and the global automotive market has yet to show signs of recovery," Executive Chairman Matteo Tiraboschi said in a statement.

The company will continue to monitor both geopolitical and industry developments, and will update its guidance accordingly, it said.

The Bergamo-based group's full-year net profit fell 20% to 209.3 million euros in 2025, and it pledged to distribute a dividend of 0.30 euro per share to investors from those earnings.

($1 = 0.8660 euros)

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

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