Gestamp Automoción, S.A. Reports Earnings Results for the Full Year Ended December 31, 2019
February 27, 2020 at 08:32 am EST
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Gestamp Automoción, S.A. Announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was EUR 9,065.146 million compared to EUR 8,547.638 million a year ago. Operating income was EUR 503.963 million compared to EUR 527.335 million a year ago. Net income was EUR 212.272 million compared to EUR 257.690 million a year ago. Basic earnings per share was EUR 0.37 compared to EUR 0.45 a year ago.
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.
GESTAMP AUTOMOCIÓN, S.A. 
