News Snapshot:
Brembo open to further investment in Chinese JV as H1 profit tops forecast - H1 revenues rose 28% to 1.75 bln euros - H1 EBITDA up 13% to 305 mln euros - EBITDA margin down at 17.5% - Co has announced JV in China with Gold Phoenix MILAN, July 28 (Reuters) – Brembo (BRBI.MI) could consider expanding its investment in a newly announced joint venture in China with Gold Phoenix, its executive chairman told Reuters after the Italian brakes maker posted a 13% rise in first-half core earnings. Brembo this week said it and Gold Phoenix (603586.SS) had agreed to...
