Gestamp Automoción, S.A. Reports Earnings Results for the Full Year Ended December 31, 2023
February 28, 2024 at 05:09 am EST
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Gestamp Automoción, S.A. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was EUR 12,273.72 million compared to EUR 10,726.44 million a year ago. Revenue was EUR 12,450.04 million compared to EUR 11,043.1 million a year ago.
Net income was EUR 280.67 million compared to EUR 259.97 million a year ago. Basic earnings per share from continuing operations was EUR 0.49 compared to EUR 0.45 a year ago. Diluted earnings per share from continuing operations was EUR 0.49 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. 
