![]() On the other hand, at the closing of 2022, Gestamp has generated a free cash flow of €255 million. As for net profit in 2022, it was already above 2019 levels and reached €260 million. EBITDA stood at €1,210 million, an increase of 21.2%. Gestamp's revenues in 2022 grew by 32.5% to reach €10,726 million, a record figure. The dedication and commitment of our extraordinary team puts us in a unique position to reach new milestones and drive sustainable and profitable growth in the coming years.”įinancial strength to recover pre-pandemic levels Regarding the outlook for 2023, the Executive Chairman pointed out, "the year ahead is still marked by macro uncertainty Gestamp continues to focus on growth, especially in new electric vehicle projects, cost control and financial discipline. Riberas, Executive Chairman of Gestamp: “Despite being one of the most adverse environments in decades, the company has managed to exceed its pre-covid levels, achieving results that allow us to face the future with ambition and focused on our aim of growth taking advantage of the opportunities that the transition to electric vehicles offer."Īccording to Riberas, "the results achieved in 2022 once again demonstrate the strength of Gestamp's positioning, as well as the success of the strategy implemented to adapt our business to a challenging market environment as the number of vehicles produced continues to be below pre-pandemic levels while production costs remains at an historic high level." Gestamp has achieved the objectives set for the year, despite the challenging environment, marked by geopolitical tensions, high inflation and macroeconomic uncertainty caused by rising interest rates.įrancisco J. Gestamp, a multinational company specializing in the design, development and manufacture of highly engineered metal components for the automotive industry, has released today its annual results for 2022. Ordinary General Shareholders´Meeting 2018.Ordinary General Shareholders´Meeting 2019.Ordinary General Shareholders´Meeting 2020.Ordinary General Shareholders´Meeting 2021.Ordinary General Shareholders´Meeting 2022.Ordinary General Shareholders´Meeting 2023. ![]() ![]() Significant Shareholdings and Treasury Shares.
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