Gestamp Automoción, S.A. Reports Earnings Results for the Half Year Ended June 30, 2019
July 25, 2019 at 11:16 am EDT
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Gestamp Automoción, S.A. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales were EUR 4,513.202 million compared to EUR 4,277.772 million a year ago. Operating income was EUR 244.465 million compared to EUR 278.017 million a year ago. Net income was EUR 100.167 million compared to EUR 135.598 million a year ago. Basic earnings per share was EUR 0.17 compared to EUR 0.24 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. 
