Gestamp Automoción, S.A. Reports Earnings Results for the Half Year Ended June 30, 2021
July 26, 2021 at 02:06 pm EDT
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Gestamp Automoción, S.A. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced total revenue was EUR 4,181.668 million compared to EUR 3,097.295 million a year ago. Operating income was EUR 207.873 million compared to operating loss of EUR 190.167 million a year ago. Net income was EUR 82.839 million compared to net loss of EUR 198.500 million 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.