- EBITDA grows by 12% and reaches 12 million euros.
- Net result increases by 45% and losses are reduced by half.
- Invests 20 million euros to expand and improve its machinery fleet.
At the end of the first half of the year, the company's sales are similar to the previous year, after accounting for the negative impact of currency exchange rates. The business in Spain grew by 9%, driven by increased activity and a reorganization supported by higher value-added equipment and services, which the company is also implementing and replicating in its international business.
Recurring EBITDA grew by 12% over these six months, reaching 12 million euros, which represents 23% of revenue and is a clear reflection of the company's positive performance. As a result, net income improved by 45%, reducing the company's losses by half.
Continuing with its plan to renew and improve its machinery fleet, GAM has made investments totaling 19.4 million euros during this period, a 61% increase compared to the same period of the previous year, which will allow it to further enhance its efficiency and activity.
