May 8 (Reuters) - Italian brake maker Brembo BRBI.MI on Thursday forecast a core profit (EBITDA) margin above 16% and confirms revenues in line with the previous year, assuming a more stable political landscape in the second half of the year and including the consolidation of Öhlins.
The premium brake maker's first-quarter core profit (EBITDA) stood at 153.3 million euros ($173.20 million), down 13.3% from a year earlier, along with an EBITDA margin for the quarter at 16%.
The Bergamo-based firm January-to-March revenue came in at 957 million euros, also down 4.7% from the same period last year.
($1 = 0.8851 euros)
(Reporting by Romolo Tosiani in Gdansk; Editing by Louise Heavens)
((Romolo.Tosiani@tr.com;))