© Gestamp 2017

Presentation of 9M 2017 Results

October 24th, 2017

This presentation has been prepared solely for use at this presentation of our results as of and for the quarter ended September 30, 2017. By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations.

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Key Highlights for Q3 and 9M 2017

Financial Overview

Closing Remarks

  • Third quarter results for 2017 have been weak, as anticipated

    • Project launch issues faced in NAFTA (already announced in September)

    • Deeper impact of FX headwinds

  • Despite these challenges, EBITDA in Q3 has been stable in absolute terms, reaching €175m, in line with Q3 2016

  • For the nine months up to September 2017:

    • Revenue increased by 12.1% (13.6% at constant FX), outperforming the market by more than 6x(1)

    • In terms of profitability, EBITDA grew by 7.3% (9.2% at constant FX), impacted by one-off costs in NAFTA and higher tooling sales, predominantly during Q3

    • Net Income grew by 18.3%

  • Growth has been driven by sound macro and auto sector dynamics, as well as good volumes of existing programs and the ramp-up of new projects, especially in Eastern Europe and Mercosur

  • During the first nine months of 2017 Gestamp has continued to make significant investments to support

high-quality projects which provide high revenue visibility and are expected to drive strong profitable growth

(1) Market production volume growth in Gestamp production footprint (IHS September 2017)

Gestamp Automocion SA published this content on 24 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 24 October 2017 17:07:02 UTC.

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