Gestamp reports Q1 2022 revenue at USD2.49 billion, up 7.14% y/y

Financial results

Gestamp has been able to achieve a 12.2% EBITDA in the first quarter of 2022

Gestamp has reported first quarter revenue at EUR2.25 billion (USD2.49 billion) with a year-on-year (y/y) increase of 7.14% compared to EUR2.10 billion in the first quarter of 2021 for the three months ended 31 March 2022, according to a filing by the company on 10 May. Operating income was reported at EUR2.37 billion for the first quarter of 2022 compared to EUR2.16 billion in 2021.

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