Brembo S.p.A. Business Report FY ended Dec. 2018

Financial Overview

(in million EUR)
  FY ended Dec. 31, 2018 FY ended Dec. 31, 2017 Rate of change
(%)
Overall
Net Sales 2,640.0 2,463.6 7.2
Operating Income 345.1 346.3 (0.3)
Sales by application
Passenger Car applications 2,018.4 1,891.0 6.7
Motorbike applications 248.9 226.9 9.7
Commercial Vehicle applications 255.2 226.1 12.9

 

Contract

-The Company announced that it has introduced for the first time a new red for the new Nissan GT-R50 by Italdesign's caliper, colour exclusively created for this car. This particular nuance of red is synonymous with high performance and contributes to highlight the characteristics of this vehicle. The Brembo caliper applied on the new GT-R50 by Italdesign is a top performance component, using a front 6 piston monobloc caliper and a 2 piece floating drilled disc 390 x 32.6 mm; and a rear 4 piston monobloc caliper and a 2 piece floating drilled disc 380x30mm. (From a press release)

 

Product Development

<B-M6 six-piston aluminum monobloc brake caliper>
-The Company announced that it is debuting its all-new B-M6 six-piston aluminum monobloc brake caliper at the 2018 Specialty Equipment Market Association (SEMA) Show in Las Vegas. The all-new caliper is designed for the front corners of sports coupes and sedans, high-performance SUV’s, and supercars that use either cast-iron or the Company’s advanced CCM-R carbon-ceramic discs. The B-M6 caliper accommodates brake discs up to 410x36mm, and is optimized for use with wide annulus discs and brake pads, providing significantly more braking surface area. The caliper is cast utilizing the Company’s exclusive 4D technology process, and is manufactured in the same plant as the company’s racing brake systems. (From a press release on October 30, 2018)

<BbW (Brake by Wire) braking systems>
-The Company informed that it is introducing the latest version of BbW (Brake by Wire) braking systems which has been developed over the past few years. With this system, the Company has achieved interesting results, attaining a time-to-lock (TTL) response of up to 100 milliseconds, compared to 300-500 with traditional versions. Performance like this enables a greater response in autonomous braking, which is in line with current market demands. The use of Brake by Wire also enables a savings in CO2 emissions, and is a more powerful system due to regenerative braking, zero motoring torque, and optimization of energy consumption since it is an on-demand system. (From a press release on March 12, 2018)

<High performance aluminum caliper (Flexira)>
-The Company announced that it has introduced Flexira, a new high performance aluminum caliper concept, that overcomes the limit of the reduced space inside the wheel typical of compact cars. Flexira was developed to be able to be inserted in tight spaces, maintaining the functionality and performance typical of a fixed caliper, but at the same time having dimensions similar to those of a floating caliper. The Brembo compact caliper has 38 and 42 mm diameter pistons. (From a press release on March 6, 2018)

 

Investment in Italy

-The Company informed that the foundation stone was laid at Curno, Italy for the new factory dedicated to the processing of carbon special materials for competition use. Construction is scheduled to be completed by the end of 2018, production will start by the end of 2019. The new facility is dedicated to the design, development and production of the company’s competition carbon brake pads and discs. This all-new green field operation verticalizes the carbon brake process under one roof. The new building will occupy an area of approximately 7,000 square meters in addition to 10,000 square meters for green areas, parking, logistics and storage areas planned by the project. The Company will produce semi-finished carbon-carbon discs and pads - different from the carbon-ceramic discs destined to super-performing road cars, produced at Stezzano and in Germany. (From a press release on February 13, 2018)

 

Investment outside Italy

<India>
-The Company announced that it has started construction of a new plant in Chennai for motorcycle braking system assembly. The new plant will be completed within the year and which falls under the 2018 investment plan of about EUR 9 million that the company has launched for process expansion and innovation in the existing Chakan (Pune) and Manesar plants. The Company operates in India with the ByBre (“By-Brembo”) brand developed for the general market and already boasting more than 50% of the market share in the two-wheel segment. Construction of the new plant will allow the Company to further consolidate the quality of the ByBre brand products and technical collaboration with customers in the Chennai region. (From a press release on March 29, 2018)