It is more difficult to attain an average annual TSR of 11.6 in a mature industry, which is precisely what Brembo has done. In 2016, the global market of lightweight vehicles, where three fourths of Brembo's turnover originates, registered a growth of 4.6%. In spite of this, in 2016 Brembo's turnover grew by 9.9%, the gross operational margin by 23.3% and the net worth by 30.8%.
This growth was made possible by continuous investment in new production plants - in 2016 alone five plants began production or were being built - all of which meet the most advanced technological standards in building, production processes, logistics and sustainability.
This strategy is a reflection of the Company's DNA and its ongoing commitment to investing in research and innovation.