(Alliance News) - Brembo Spa announced on Thursday that its board had approved its nine-month accounts, which closed with a net profit of EUR162.8 million compared to EUR197.2 million in the same period last year.

Revenues amounted to EUR2.79 billion, down from EUR2.92 billion last year.

EBITDA was EUR462.8 million, compared to EUR501.1 million in the same period last year.

EBIT was EUR255.9 million, down from EUR302.0 million.

Brembo traded up 7.7% on Thursday at EUR9.82 per share.

By Maurizio Carta, Alliance News reporter

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