Services and long-term rentals boost GAM

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

12 November 2021

Spain’s largest equipment rental business GAM Alquiler has seen a 65% increase in its services revenue for the first nine months of year. Its long-term rentals business also grew strongly at 31%.

Overall revenues recovered to pre-pandemic levels and were up 30% for the nine months to €122.5 million. Net profits of €0.1 million compared to a €2.5 million loss in the same period in 2020.

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