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30 Jul
13:18

Gestamp’s Q2 revenue stable, market outlook remains negative

Gestamp improved its earnings on-quarter in the second quarter, but performance fell on-year, the Spanish firm says in its latest report monitored by Kallanish. Gestamp is a major supplier of components to the global automotive sector. “The second quarter has confirmed the foreseeable slowdown in the vehicle production market for 2024 and the volatility in the transition to electric vehicles,” says Gestamp executive director Francisco Riberas. &ld…
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