|Bid||10.70 x 0|
|Ask||11.00 x 0|
|Day's range||10.73 - 11.01|
|52-week range||8.10 - 13.52|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||16.21|
|Earnings date||28 Jul 2022|
|Forward dividend & yield||0.27 (2.47%)|
|Ex-dividend date||23 May 2022|
|1y target est||10.82|
Brembo Executive Chairman Matteo Tiraboschi told Reuters the company had a positive start in 2022, with a "robust" performance in January and February. But he said that the Russian invasion of Ukraine was putting a "huge question mark" on the business outlook. The company, with operations in 15 countries including Russia, said in a statement the direct impact of the Russia-Ukraine crisis on the group was limited as it has no production sites in the area, but it was nonetheless closely monitoring the impact on commodity supplies and production costs.
Brembo could look at buying tech startups to boost the software content of its premium brakes, Chief Executive Daniele Schillaci said, as the Italian company unveiled its latest braking system. The company, whose customers include Ferrari, Tesla, and several Formula One teams, presented 'Sensify', a pioneering braking system that can operate independently on each of a vehicle's four wheels. Schillaci, an automotive industry veteran with previous stints at Nissan Motor and Toyota, said mechanics were still predominant in the Sensify system, compared with software content.