Gestamp potentially more affected by secondary tariff repercussions

gestamp edificio

Deutsche Bank | Gestamp (GEST) will present its Q1-25 results on 8 May after the close of trading and will hold a conference call that same afternoon. As for its counterparts, the year has started with a difficult quarter considering European and North American production volumes. With the presentation of the results, we expect the outlook to be updated taking into account the impact of tariffs, but it should be noted that the situation remains very uncertain for the time being. Gestamp is likely to be more affected by secondary tariff repercussions, as cross-border shipments of its components are very low.

A difficult start; Target €3. Last close €2.47, Hold.

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