Interview: Matteo Tiraboschi, Chief Financial Officer – Brembo

Interview with Matteo Tiraboschi, Chief Financial Officer – Brembo

How do you expect the balance of revenues between Passenger Car, Motorbikes, Commercial Vehicles, Racing Cars, Passive Safety and Miscellaneous to change in the next two years? We will probably see an increase in the percentage of car-related business. As we saw from the market in the third quarter of 2011, the global light vehicles market showed a 3.1% increase in sales over the third quarter of 2010, with a 4.5% growth for the first nine months of the year compared to the prior year. In this period (the third quarter of 2011), Brembo’s net sales of applications for this segment amounted to €208,428, up by 14.9% compared to €181,473 for the same period of the previous year.