Gestamp Automocion S A (GMPUF) Q2 2026 Earnings Call

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WEBVTT 00:00:00.591 -- 00:00:06.235 Well, good evening and thank you for joining HESAM first half 2026 results presentation. 00:00:06.235 -- 00:00:10.137 Thank you for joining, especially in this very busy evening for you. 00:00:10.137 -- 00:00:12.719 This call will be led by our executive chairman, Mr. 00:00:12.719 -- 00:00:17.802 Francisco Riberas. I'm delighted to join him today and honored to participate 00:00:17.802 -- 00:00:20.844 in my first earnings call as CFO of the company. 00:00:20.844 -- 00:00:25.828 As usual, let me refer you to the disclaimer on the slide number two of this presentation 00:00:25.828 -- 00:00:30.353 and also as usual at the end of the call, We will open the floor for our Q&A session. 00:00:30.353 -- 00:00:34.174 Now let me hand over the call to our executive chairman. 00:00:34.174 -- 00:00:38.635 Okay, good afternoon and thanks for attending our call in which we will be presenting 00:00:38.635 -- 00:00:41.795 our first half results. 00:00:42.715 -- 00:00:47.776 First of all, again, in a very challenging scenario, Gestam has been able to 00:00:47.776 -- 00:00:52.197 deliver a very solid result in the first half of 2026. 00:00:52.197 -- 00:00:57.258 With auto manufacturing decreasing from H1 2025, especially 00:00:57.258 -- 00:01:03.249 in China, Our revenues at FX Customs have increased by 2.9% in Q2 versus 00:01:03.249 -- 00:01:07.732 Q2 2025 and by 1.3% in H1 versus 00:01:07.732 -- 00:01:10.053 H1 2025. 00:01:10.154 -- 00:01:15.999 During the first half of the year, our EBITDA has reached 651 million euros, 00:01:15.999 -- 00:01:21.323 improving our EBITDA margin and reaching Exclusion Phoenix Plan cost at an 11.6% margin 00:01:21.323 -- 00:01:25.545 in Q2 and an 11.2% in H1 better than in H1 2025. 00:01:28.927 -- 00:01:33.752 and our ...