Letter from the President
2014 has been a year of good economic performance for Gestamp and advances and improvements in different fields such as innovation, training, efficiency and environment.
In year 2015 we continue with our strategy of globalization and new product development in order to continue enjoying our clients´confidence and guaranteeing a sustainable growth rate for the coming years.
Gestamp is an international business group dedicated to the design, development and manufacture of metal components and assemblies for the automobile industry, especially for light vehicle production.
The client as the centre of the business
With the opening of two new manufacturing facilities in Mexico and in China, we support our customers in their geographic expansion into markets with great growth potential.
The trust our customers place in Gestamp results in new orders that allow us to strengthen our operations and continue to grow.
Operating excellence as a regular practice
We have promoted several projects to improve efficiency in our management and operations. It highlights the GPCS Project as the Group’s global response to the need to adapt to changes in project management, increasing our transparency, collaboration and efficiency.
Innovation as a means of progress
We continue to invest in R&D.
Research we work to pioneer the use of composite materials for body and chassis and achieve a sharp reduction in vehicle weight.
We continue to develop products with higher added value and investing in the latest technology as a competitive differentiation.
In addition we co-development with our customers with whom we share our experience and knowledge to provide innovative solutions and differentiating value for them.
We opened a new research and development centre in Germany, focused on the design and testing of prototype chassis, which was inaugurated by King Felipe VI.
Sustainability to ensure permanence in time
In our quest to last over time and grow steadily, we highlight the good economic performance with sales growth of 11% and EBITDA by about 8 %.
Given the role that we play in the life cycle of a vehicle, continue to monitor our environmental performance through our indicators. Highlights the effort we are making to improve our energy efficiency and thus reduce our carbon footprint.
Through our activities we contribute to the economic and social development in areas where we are. A study shows the contribution made in Germany and Spain in terms of generating wealth, public administration revenues and employment.
People as architects of success
Our workforce grew by 8% with high stability.
We put the first stone of Gestamp Technology Institute (GTI), which claims to be the international center of excellence of the Group for training in R&D, specially designed to strengthen our global leadership in hot stamping.
On Safety and Health, we continue to improve Working Conditions and Safety Management and we audited almost half of the manufacturing facilities.
We have a 32% increase in training hours per employee that we consider essential to their performance and professional development.