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Anthony Dick ...
  • Michael Foundoukidis

Gestamp Automocion : La visibilité est faible mais les attentes sont basses

>T1 en ligne, guidance ambitieuse mais le css est déjà plus prudent - Gestamp a publié hier soir des résultats T1 conformes aux attentes, affichant toujours une forte surperformance (12,6 pt) tirée par la hausse des coûts de matières premières répercutés aux clients (impact de 8,6 pt) et les gains de PdM (impact de 4 pt). Les marges ressortent en baisse (-90 pb YoY au niveau de l’EBITDA à 11,2%) mais uniquement du fait de cet effet prix dilutif. Si les objectifs 2022...
Underlying
Gestamp Automocion S.A.

Gestamp Automocion SA. 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.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Anthony Dick

Michael Foundoukidis

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