GAM continues recovery in first quarter

Murray Pollok Managing Editor, IRN & Director of Content, KHL

17 May 2022

Spain’s GAM has continued its recovery in the first quarter of 2022 with sales up 37% to €49.9 million. The result follows growth of 26% in sales for 2021.

EBITDA profits were up 67% to €12 million, with net losses of €0.2 million in the period compared to losses of €2 million in the first quarter of 2021.

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