Gestamp said it achieved record first quarter 2023 revenue of EUR3,144m, up 39.4% year on year, including a EUR163m contribution from Gescrap.

EBITDA rose 32.7% to EUR336m and EBIT 70.5% to EUR173m. Net profit was a record EUR80m.

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Global auto production grew 5.7% from 19.9m produced in the first quarter of 2022 to 21.1m in Q1 2023 but was still below the level of production achieved during the first three months of 2019.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

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