CONFERENCE CALL WITH ANALYSTS

Q1 2024 RESULTS

9 May 2024

Q1 2024 RESULTS

Summary of Consolidated Statement of Income

€ Million

Q1 24

% sales

Q1 23

% sales

% 24/23

Sales

1,004.6

100.0%

961.9

100.0%

4.4%

EBITDA

176.8

17.6%

168.3

17.5%

5.1%

D&A

(64.0)

6.4%

(64.3)

6.7%

-0.5%

EBIT

112.8

11.2%

104.0

10.8%

8.5%

Fin. income (expense), incl.

(7.2)

0.7%

1.0

0.1%

-834.3%

from investments

Taxes

(29.6)

3.0%

(27.9)

2.9%

6.1%

Tax rate

28.1%

26.6%

Net Result

75.2

7.5%

76.8

8.0%

-2.2%

9 May 2024

Q1 2024 Results

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Q1 2024 REVENUES

(Ȗ Mio)

+ € 42.7 mio (+4.4%)

+5.6%

-0.3%

-0.9%

9 May 2024

Q1 2024 Results

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Q1 2024 REVENUES BY APPLICATION

(Ȗ Mio)

Δ% Q1 24/23

Q1 23

Q1 24

9 May 2024

Q1 2024 Results

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Q1 2024 REVENUES BY AREA

(Ȗ Mio)

Δ% Q1

24/23

Net FX:

2,4% qoq

Q1 23

Q1 24

9 May 2024

Q1 2024 Results

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Q1 2024 REVENUES BY AREA

(% on tot. revenues)

9 May 2024

Q1 2024 Results

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Q1 2024 EBITDA

(Ȗ Mio)

+ € 8.5 mio (+5.1%)

9 May 2024

Q1 2024 Results

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FINANCIAL CHARGES

€ Million

Q1 24

Q1 23

Δ 24/23

Net financial charges - fin. debt

(4.9)

(3.1)

(1.8)

Net financial charges - IFRS 16

(1.2)

(2.0)

0.8

Net exchange rate differences *

(1.1)

6.1

(7.2)

Financial income from investments

0.0

0.0

0.0

Total net financial income (expense)

(7.2)

1.0

(8.2)

Cost of net fin. debt

3.7%

3.0%

of which:

Cost of financial debt

3.9%

2.9%

Cost of IFRS16

2.7%

3.3%

* Includes fair value valuation of forward currency derivatives

9 May 2024

Q1 2024 Results

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and disposal, under the protection of the law, also in connection8 | 14 with I.P.R., as well as copying and passing on to third parties

TAX RATE

€ Million

Q1 24

Q1 23

Δ 24/23

Current taxes

39.6

35.4

4.2

Deferred taxes

(10.0)

(7.4)

(2.5)

Total taxes

29.6

27.9

1.7

Pre-tax profit

105.6

105.0

0.7

Tax rate

28.1%

26.6%

Other

(2.8)

(2.4)

(0.4)

Total taxes net of extraordinary effects

26.8

25.5

1.3

Tax rate net of extraordinary effects

25.4%

24.3%

9 May 2024

Q1 2024 Results

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and disposal, under the protection of the law, also in connection9 | 14 with I.P.R., as well as copying and passing on to third parties

NET FINANCIAL DEBT

(Ȗ Mio)

Net Cash Flow - €74.7 mio

Operating Cash Flow - €47.4 mio

9 May 2024

Q1 2024 Results

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Brembo NV published this content on 09 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 May 2024 11:49:00 UTC.