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31 Jul
09:02

Gestamp foresees challenging 2020, adopts transformation plan

Spain's Gestamp saw revenue fall year-on-year in the second quarter and first half of 2020 as a result of the Covid-19 crisis, the company says in its quarterly report monitored by Kallanish. Gestamp is a major supplier of components to the global automotive sector. “The company has experienced two challenging months during Q2, April and May, due to the shock in production in most of the continents due to the coronavirus pandemic,” Gestam…
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