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09 May
17:54

Gestamp’s first-quarter revenue falls amid weaker market

Gestamp saw performance fall year-on-year in the first quarter due to inflationary pressure and a very high base as record figures were achieved in Q1 2023, the Spanish company says in its latest report monitored by Kallanish. The firm is a major supplier of components to the global automotive sector. “The Q1 results demonstrate our leadership position to continue growing above the market and our commitment to meeting the objectives for 2024,” say…
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