Trade Gestamp Automoción, S.A. - GEST CFD

Gestamp Company profile

About Gestamp Automocion SA

Gestamp Automocion SA is a Spain-based company primarily engaged in the auto parts manufacture. It focuses on the design, development and production of metal components and structure systems for the automotive industry. The Company's products portfolio includes skin panels and closure parts, structural and body components, chassis, bumpers and dashboard crossbeams, among others. The Company's customers include Volkswagen, Renault-Nissan, PSA, Daimler, General Motors and BMW, among others. The Company is a parent of the Gestamp Automocion Group, a group, which comprises a number of subsidiaries with operations established in North and South America, Europe and Asia. The Company is controlled by Acek Desarrollo y Gestion Industrial SL.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Gestamp Automocion SA revenues increased 9% to EUR8.09B. Net income totaled EUR155.4M vs. loss of EUR151.1M. Revenues reflect North America segment increase of 11% to EUR1.85B, Western Europe segment increase of 4% to EUR3.32B, Northern America segment increase of 11% to EUR1.85B, Western Europe segment increase of 4% to EUR3.32B.