|Bid||11.83 x 0|
|Ask||12.05 x 0|
|Day's Range||11.75 - 12.04|
|52 Week Range||9.83 - 12.54|
|Beta (5Y Monthly)||1.42|
|PE Ratio (TTM)||22.93|
|Earnings Date||Jul 27, 2021 - Aug 02, 2021|
|Forward Dividend & Yield||0.22 (2.07%)|
|Ex-Dividend Date||May 24, 2021|
|1y Target Est||N/A|
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.
Italy's Brembo said on Monday it would open its first high technology lab in California's Silicon Valley to accelerate the company's digitisation, one of the key objectives of a plan announced in September. The centre is expected to open in the last quarter of the year and aims to attract talents from different industries, "favouring the virtuous mix of several competences to benefit the development of Brembo's new braking solutions", it added.