Gestamp Automoción, S.A. (GEST) Earnings Call Transcripts

Gestamp Automoción, S.A.'s Latest Earnings Call - Q1 FY2026

In Q1 2026, Gestamp Automoción reported revenues of EUR 2.834 billion, a 5% decline year-over-year, primarily due to foreign exchange impacts. However, the company achieved an EBITDA of EUR 307 million, translating to a margin of 10.8%, which is an improvement from the previous year's margin of 10.4%. Management reiterated its full-year guidance for an EBITDA margin of more than 11.9% in the Auto business, indicating confidence in operational efficiency despite challenging market conditions.

Reported metrics

Guidance from management

Gestamp reiterated its full-year guidance for 2026, targeting an EBITDA margin of more than 11.9% in the Auto business and a group operating cash flow conversion of around 35%.

What management said

Good evening, and thank you very much for taking the time to attend the first quarter results of Gestamp. I am Ana Fuentes, M&A and IR Director. Before we begin, let me refer you to the disclaimer on Slide #2 of this presentation, which has been posted on our website and sets out the legal framework under which this presentation must be considered. The conference call will be led by our Executive Chairman, Mr. Franc...

Thank you for your question. Yes, we do have a mechanism of pass-through, but it's true that in terms of mathematics, there could be some kind impact of -- in terms of dilution. But we are committed. We know that, that is going to happen. We are already working on that, and we are going to be able to commit to all that we are intending to do in order to preserve our margins, even though this is going to be this kind ...

What analysts pressed on

Analysts expressed concerns regarding potential impacts from geopolitical tensions and their effects on customer volumes and pricing strategies. There were inquiries about the sustainability of margin improvements amidst rising raw material costs and the effectiveness of the company's pass-through mechanisms.

Main topics on the call

• Revenue Performance — Gestamp's revenues for Q1 2026 were EUR 2.834 billion, down 5% from EUR 2.983 billion in Q1 2025, primarily affected by a negative foreign exchange impact of EUR 137 million. Management stated, "We have reached EUR 2.8 b...
• EBITDA Margin Improvement — The company reported an EBITDA margin of 10.8%, up from 10.4% in Q1 2025, showcasing improved profitability despite lower sales. Management noted, "Even if sales are down in Gestamp Auto business, profitability has incre...
• Phoenix Plan Progress — Gestamp continues to execute its Phoenix Plan, which has contributed to margin improvements in North America, where EBITDA margins rose from 6.4% to 7.1%. Management emphasized, "We are on track to achieve the commitment...
• Market Conditions and Guidance — Management acknowledged a downgrade in global vehicle manufacturing forecasts for 2026, now expected to decline by 1.8%. They reiterated guidance for an EBITDA margin of more than 11.9% for the Auto business, indicating ...

Read the full Gestamp Automoción, S.A. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 15 Gestamp Automoción, S.A. earnings call transcripts on record, spanning June 15, 2021 to July 30, 2026. Based on this history, Gestamp Automoción, S.A. reports semi-annually. The most recent call on file is dated July 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

GEST

Exchange

BME

Country

ES

Sector

Consumer Discretionary

Industry

Automobile Components

Calls on record

15

First call

June 15, 2021

Most recent

July 30, 2026

Reporting cadence

semi-annually