What Gestamp makes

Gestamp designs and manufactures metal structural components for passenger vehicles, organized across three product areas: body-in-white (BIW), chassis, and mechanisms.

The BIW side covers both the visible exterior and the underlying structure of a vehicle body. Large assembly parts -- bonnets, roofs, doors, and mudguards -- form the outer skin. Structural elements -- floors, pillars, rails, and wheel arches -- define the crash performance and rigidity of the vehicle. These parts require tight tolerances and increasingly use ultra-high-strength steels to reduce weight without sacrificing stiffness.

Chassis work covers the under-body: front and rear axles, control arms, sub-frames, and integrated couplings that connect the body to the powertrain and carry the vehicle's weight. Gestamp also manufactures mechanisms -- hinges, door checks, and powered opening systems -- through its Edscha subsidiary, acquired in 2010.

Hot stamping is the technology the company identifies as its primary differentiator. In the press-hardening process, a steel blank is heated to roughly 930 degrees Celsius, transferred into a die, and simultaneously formed and quenched. The result is ultra-high-strength steel parts at weights and geometries that cold stamping cannot match. Gestamp describes itself as the largest global supplier of hot stamping parts and has developed a proprietary next-generation variant called Ges/Multistep, which passes blanks through consecutive stamping stations in rapid succession to achieve more complex geometries and improved crash behavior. Alongside hot stamping, the company's production technologies include cold stamping, roll forming, hydroforming, high-strength steel stamping, laser welding, patchwork blanks, and welded and painted assemblies. Loire Gestamp, a group subsidiary, designs and manufactures the hydraulic presses used in some of those processes.

The company has developed a line of large-format EV-specific products, including battery boxes designed to mount within a hot-stamped BIW structure and gigastampings -- large single-piece structural stampings intended as an alternative to the giga-casting approach adopted by some EV manufacturers. Thirteen R&D centers sit near major OEM engineering locations across Europe, North America, and Asia.

Financial performance

Gestamp reported revenues of €11.3 billion for the year ended December 31, 2025, down 5.4% from €12.0 billion in 2024, per the company's annual results published February 26, 2026. The decline reflects lower light vehicle production volumes in Western Europe and NAFTA, adverse foreign exchange movements, and a contraction in scrap prices that flows through its revenue line. Organic automotive revenue, excluding FX and scrap, was close to flat.

Operating income for FY2025 was approximately €544 million, representing a 4.8% operating margin -- a slight decline from 4.9% in 2024, per the Berylls by AlixPartners Top-100 supplier ranking for 2026. EBITDA reached €1.3 billion excluding the impact of the company's Phoenix Plan restructuring program, with an EBITDA margin of 11.7%, an improvement from 11% in 2024 on the same basis. Net income declined 19% year-on-year to €152 million, affected by customer compensation agreements negotiated in 2025 related to the realignment of electrification timelines -- a €52 million negative impact at the EBIT level.

Net debt fell by €276 million over the year to €1.8 billion, achieving a net debt-to-EBITDA ratio of 1.4 times. The company describes this as the lowest leverage since its 2017 initial public offering, and within its stated target range of 1.0 to 1.5 times EBITDA.

For the first half of 2026, the company reported revenues of €5.7 billion, a 0.9% decline year-on-year driven primarily by foreign exchange headwinds, with organic performance described as broadly flat. The company reiterated its full-year guidance in July 2026.

The workforce stands at more than 43,000 employees across 115 production plants in 24 countries, per the company's own published figures.

Ownership and history

Gestamp Automocion, S.A. was incorporated on December 22, 1997, as a stamping operation supplying SEAT, a spin-off from Gonvarri Steel Services -- the Riberas family's steel distribution business, itself tracing to Gonvauto in 1991. Francisco Jose Riberas Mera and Juan Maria Riberas Mera, brothers, co-founded the company. Francisco serves as Executive Chairman and CEO; Juan Maria sits on the board.

From that single customer relationship, Gestamp expanded across Europe through the 2000s, then into North America, South America, and Asia. The 2010 acquisition of Edscha, a German mechanisms and hinge maker, extended its product scope beyond stamped structural parts. The company listed on the Bolsa de Madrid in April 2017 at a market capitalization of approximately €3.7 billion; the Riberas family sold roughly 27% of shares in the offering and retained majority control.

As of 2026, the group operates 115 plants across 24 countries, with the largest regional footprints in Western Europe (44 plants), Eastern Europe (21 plants), and North America (19 plants). In 2026 alone, the company opened new facilities in Gujarat, India (its fifth Indian plant, September 2026) and Piracicaba, Brazil (its eighth Brazilian plant, June 2026), as part of its stated strategy of selectively expanding in high-growth markets while improving margins in mature regions.

Headquarters are at Alfonso XII, no. 16, Madrid, Spain. The company trades on the Bolsa de Madrid under the ticker GEST.

Certifications and quality

Gestamp plants hold IATF 16949:2016 certification at the individual facility level, audited by TÜV Rheinland. Certificate documentation posted on the company's own website covers design and production of stamped parts, welded assemblies, and painted parts. The Gestamp Toledo plant certificate (IATF Certificate No. 0518879) carries a validity period from May 2024 through May 2027. Multi-site IATF 16949 certification is the standard for automotive Tier 1 suppliers of this scale.

Known customers

Volkswagen is documented in Gestamp's own published materials as a customer. A 2015 press release announced the expansion of their Chattanooga, Tennessee partnership to support a new mid-size SUV program, with Gestamp committing $180 million to triple its capacity at that site for Class A exterior metal stampings. Separately, a 2016 press release documented a joint development program with Volkswagen for EV battery boxes to be integrated into hot-stamped body structures. Beyond VW, the company's investor materials describe a customer base of major OEMs across Western Europe, Eastern Europe, NAFTA, Mercosur, and Asia. The regional revenue breakdown in the FY2025 presentation implies supply relationships with manufacturers active across all those geographies. Individual customer names beyond the documented VW programs are not publicly disclosed in the company's filings.

Recent news

September 2026 -- Gestamp inaugurated its fifth manufacturing plant in India, located in Bhagapura in the state of Gujarat, with an investment of approximately Rs 523.7 crore. The plant features two hot-stamping lines, a laser cutting line, and welding cells (Autocar Professional, September 11, 2026).

June 2026 -- Gestamp opened its eighth plant in Brazil, in Piracicaba, Sao Paulo state, with an initial footprint of 16,500 square meters and stated capacity to expand to 40,000 square meters (company press release, June 16, 2026).

February 2026 -- Gestamp published FY2025 annual results: €11.3 billion in revenue, net debt reduced to €1.8 billion -- the lowest debt level since the 2017 IPO, representing a 1.4 times EBITDA leverage ratio (company press release, February 26, 2026).

Frequently asked questions

What does Gestamp make?

Gestamp designs and manufactures metal structural components for passenger vehicles. Its three main product areas are body-in-white parts (bonnets, roofs, doors, floors, pillars, and wheel arches), chassis components (axles, control arms, and sub-frames), and mechanisms such as hinges and powered door systems through its Edscha subsidiary. The company describes itself as the largest global supplier of hot-stamped parts.

Who owns Gestamp?

Gestamp Automocion, S.A. is listed on the Bolsa de Madrid under the ticker GEST. The Riberas family -- co-founders Francisco Jose Riberas Mera and Juan Maria Riberas Mera -- retain majority control following the company's April 2017 initial public offering, in which roughly 27% of shares were sold to institutional investors.

What is Gestamp's annual revenue?

Gestamp reported revenues of €11.3 billion for the financial year ended December 31, 2025, down 5.4% from €12.0 billion in 2024. For the first half of 2026, the company reported revenues of €5.7 billion. These are published consolidated figures.

Where is Gestamp headquartered?

Gestamp's registered headquarters are at Alfonso XII, no. 16, 28014 Madrid, Spain. The company has historically maintained operational management functions in Zamudio in the Basque Country. Its 115 production plants and 13 R&D centers span 24 countries across Europe, the Americas, and Asia.

Who are Gestamp's customers?

Volkswagen is documented in Gestamp's own press materials as a customer, with a named stamping partnership in Chattanooga, Tennessee and a joint EV battery box development program. The company's investor materials describe a broad customer base of major global OEMs across all regions where it operates, without naming individual customers beyond the documented VW programs.

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