Nov 7 (Reuters) - Italian brake maker Brembo

has trimmed its core profit margin projection for 2024 to 17%

from 17.3% on revenue expected to remain flat year on year, it

said after posting nine-month results on Thursday.

The group, clients of which include premium automakers such

as Tesla, BMW and Ferrari ( RACE ), reported

net profit of 197.2 million euros ($212.17 million) for the nine

months to Sept. 30, down 14.7% year on year, citing weakness in

the wider automotive market.

($1 = 0.9295 euros)