Brembo boasts record revenues for 2022
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By Luke Willetts - 24th March 2023
Matteo Tiraboschi, Brembo’s Executive Chairman
Italy – Brake manufacturer, Brembo SpA based in Bergamo, Italy, has published its financial results for 2022, recording record revenues of Euro 3,629 million, up 30.7% compared with 2021 with a net profit of Euro 292.8 million, up +35.9% from the previous year.
Sales in the commercial vehicle applications segment contributed Euro 350,2 million in 2022 compared to Euro 293.9 million the previous year, a growth of Euro 56.3 million. It is important to note that in 2022, the commercial vehicle segment contributed 9.2% of Brembo’s overall revenue.
