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19 May
09:11

Gestamp posts lower first-quarter revenue due to Covid-19

Spain's Gestamp saw decreased revenues during the first quarter of 2020 due to the Covid-19 pandemic, the company says in its quarterly report monitored by Kallanish. Gestamp is a major supplier of components to the global automotive sector. As a result of the current situation, the group’s plants, with exception in China, saw gradual shutdowns during the second half of March, beginning from Europe, and extending to North and South America. Som…
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