Gestamp Automocion S.A. · BME:GEST
Gestamp Automocion — Gestamp — 9M 2026 Earnings Presentation
25 slides from Gestamp Automocion's earnings presentation, Nov 4, 2026
Slide 1: 9M 2026 Results presentation
9M 2026 Results presentation November 04th, 2026 © Gestamp 2026 1
Slide 2: Disclaimer
disclaimer This presentation has been prepared solely for use at this presentation of our results as of and for the quarter ended September 30 th, 2025 . By attending the conference call meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the foll
Slide 3: Index
INDEX PRESENTATION KEY HIGHLIGHTS FOR 9M 2026 FINANCIAL OVERVIEW OUTLOOK AND REMARKS © Gestamp 2024 2026 3
Slide 4: Key highlights of 9M 2026
Key highlights of 9M 2026 Revenues EBITDA (1) LEVERAGE €8,432m €954m 1.4x Flat Organic 11.3%(1) Margin Ensuring Balance Growth Sheet strength (+27bps YoY) Solid 9M 2026 results providing strong visibility for the year 1. Excluding Phoenix Plan impact on P&L of €17.9m in 9M 2026 and of €12.2m in 9M 2
Slide 5: Slight decrease in 9M 2026 auto production
Slight decrease in 9M 2026 auto PRODUCTION Light Vehicle Production Volumes (1) -0.7% +3.8% 9M 2026 by Region – YoY Evolution 62.6 63.3 9.7% 10.0% 62.7 62.2 7.1% (2) 59.9 60.1 59.6 Western Europe 1.1% 46.5 54.6 51.0 5.1% North America -1.3% Eastern Europe - 5.4% - 0.7% -1.4% 2.0 % - 0.8% Asia Mercos
Slide 6: Gestamp revenues performance compared to the market
Gestamp revenues performance compared to the market 9M 2026 Gestamp Auto Business Revenue Growth at FX Constant (1) vs. Market Production Growth in Gestamp Footprint Eastern Europe Gestamp Auto Business Western Europe 8.0% at FX constant 0.1% North America 2.0% -1.3% +0 .8% -1.4% Market Gestamp -5.4
Slide 7: Positive business performance
Positive business performance YoY Reported Revenue ( €m) Bridge Chart -0.6% YoY 8,486 66 -2 -118 8,432 +0.8% flat -1.4 % Negative forex Stable organic Gescrap top line evolution mainly growth despite positively impacted due to currencies in difficult market by higher scrap Turkey, United context in
Slide 8: Business resilience supporting profitability growth
Business resilience supporting profitability growth Auto Business Revenues & EBITDA - excluding Phoenix Extraordinary Cost (1) (1) Revenues EBITDA % EBITDA Margin Further margin improvement despite challenging market +30 bps conditions 11.5% 11.2% Resilient ❖ Rightsizing operations and profitability
Slide 9: Phoenix plan bringing visibility to reach 2026 guidance
Phoenix plan bringing visibility to reach 2026 guidance North America excluding Phoenix Extraordinary Plan In a low -growth % EBITDA Margin bps FY 2026 YoY market Environment EBITDA Margin (2) Im provement Production volumes 9M 2026 (1) QoQ and YoY in 2026 in North America Extraordinary 10.5% impact
Slide 10: Gescrap: improving market conditions driving strong performance
Gescrap: improving market conditions driving strong performance Improving market conditions driving to a significant performance improvement Scrap prices have increased substantially compared to year -end 2025 levels Revenue ( €m) EBIT (€m) (€/Tn) Europe (1) USA (2) +17% % EBIT Margin 460 +11% +15%
Slide 11: Index
INDEX PRESENTATION KEY HIGHLIGHTS FOR 9M 2026 FINANCIAL OVERVIEW OUTLOOK AND REMARKS © Gestamp 2026 2026 11
Slide 12: Financial Performance in 9M 2026
Financial Performance in 9M 2026 9M 2025 9M 2026 9M 2025 9M 2026 Reported Reported Excluding Phoenix (2) Excluding Phoenix (2) (In €m) Total Revenue 8,486 8,432 8,486 8,432 EBITDA 925 936 937 954 EBITDA margin (%) 10.9% 11.1% 11.0% 11.3% EBIT 399 382 411 400 EBIT margin (%) 4.7% 4.5% 4.8% 4.7% Net I
Slide 13: Significant net income improvement year-on-year
SIGNIFICANT NET INCOME IMPROVEMENT year-on-year Reported Net Income (In €m) 225 Non -cash 183 one -off impacts 141 €15m of write -downs linked to the extraordinary actions to realign EV 4 exposure initiated in H2 2025, in line Net one -offs 127 with our customers strategy €20m accounting impact at f
Slide 14: Geographic diversification supporting performance
Geographic diversification supporting performance Revenues ( €m) EBITDA (€m) EBITDA Margin (%) 9M 2025 9M 2026 Var. (%) 9M 2025 9M 2026 Var. (%) 9M 2025 9M 2026 W e ste rn Eu rop e 3,001 2,997 -0.1% 298 298 0.0% 9.9 9.9 E a ste rn Eu rop e 1,418 1,437 +1.3% 216 220 +2.0% 15.2 15.3 North America 1 1,
Slide 15: Free cash flow evolution in 9M 2026
free cash flow evolution in 9M 2026 FCF (1) generation of €17m (1,2) in nine month despite third quarter negative business seasonality Net Debt Net Debt Net Debt Positive FCF generation FY 2025 Variation 9M 2026 maintained in 9M 2026 ❖ Positive FCF achieved in 9M 2026 despite the temporary impact of
Slide 16: Priority is to preserve our financial strength
priority is to Preserve our financial strength Maintaining Deleverage Path Net debt to LTM EBITDA (x) 3.5x Net Debt in €m 2.9x Net Debt and 2.6x Leverage 2.4 x 3,071 reduction 2.5x 1.9x 2,717 2.0x 1.6x 1.6x 2,498 2,457 2,437 1.4x 2,266 2,235 2,150 2,107 1,908 9M 2017 9M 2018 9M 2019 9M 2020 9M 2021
Slide 17: Index
INDEX PRESENTATION KEY HIGHLIGHTS FOR 9M 2026 FINANCIAL OVERVIEW OUTLOOK AND REMARKS © Gestamp 2026 2026 17
Slide 18: 2026 recovery but yet to reach initial year expectations
2026 recovery but Yet to Reach Initial Year Expectations Gradual recovery since June, yet 2026 volumes remain below the 2025 forecast and the early initial expectations LV Production (1) in S&P Global Mobility Geographies ( Mveh ) -1.7% YoY FY 2026 Volumes Evolution by % YoY Region Growth (1) 93.1 9
Slide 19: Reinforced market positioning and financial profile
Reinforced market positioning and financial profile Market L imited Inflationary Regulatory Geopolitical Context M arket growth Pressures Uncertainty Turmoils ✓Operational efficiencies supporting Group margin expansion PROFITABILITY ✓Delivering on PHOENIX plan Well positioned to navigate IMPROVEMENT
Slide 20: Guidance 2026
Guidance 2026 Reiterating our 2026 guidance (1) Group Operating Group EBITDA Margin (2) Cash Flow Conversion >11.7% at YE 2026 in the 35% range at YE 2026 Auto Gescrap Operating cash flow defined as reported EBITDA >11.9% >7.4% minus net cash capex(2) at YE 2026 at YE 2026 Note: All figures includin
Slide 21: Closing remarks
CLOSING REMARKS Delivering on our commitments Well positioned to navigate all despite a challenging environment market scenarios and capture opportunities 9M 2026 Phoenix Plan Solid Performance Delivering Results FY 2026 Balance Sheet On -track Strong and Flexible © Gestamp 2026 2026 21
Slide 22: Gestamp the Partner supplier
Gestamp the Partner supplier www.gestamp.com © Gestamp 2026 22 © Gestamp 2020
Slide 23: Clear roadmap for the long run
Clear ROADMAP FOR THE long 2027 run… Strategic pillars 02 Trusted Partner Supplier 03 Technology & Innovation to be Differential 01 Growth Ambition Gestamp 04 Operational Excellence the Partner supplier 07 05 Pioneering the Profitable Circular Economy Growth 06 Disciplined Balance Sheet Profile © Ge
Slide 24: Financial Performance in Q3 2026
Financial Performance in Q3 2026 Q3 2025 Q3 2026 Q3 2025 Q3 2026 Reported Reported Excluding Phoenix (2) Excluding Phoenix (2) (In €m) Total Revenue 2,642 2,638 2,642 2,638 EBITDA 284 296 287 303 EBITDA margin (%) 10.7% 11.2% 10.8% 11.5% EBIT 113 117 116 124 EBIT margin (%) 4.3% 4.4% 4.4% 4.7% Net I
Slide 25: Appendix – alternative performance measures
Appendix – alternative performance measures This results presentation and any related conference call or webcast (including any related question and answer session) (the "Presentation "), in addition to financial information detailed in the Gestamp Group ´s financial statements prepared in accordanc