General de Alquiler de Maquinaria, S.A. (BME: GAM)

Spain flag Spain · Delayed Price · Currency is EUR
1.250
-0.005 (-0.40%)
Sep 3, 2024, 5:35 PM CET
-8.76%
Market Cap 117.81M
Revenue 280.86M
Net Income 9.07M
Shares Out 94.25M
EPS 0.10
PE Ratio 13.04
Forward PE 14.71
Dividend n/a
Ex-Dividend Date n/a
Volume 3,250
Open 1.270
Previous Close 1.255
Day's Range 1.250 - 1.280
52-Week Range 1.180 - 1.550
Beta 0.65
Analysts n/a
Price Target n/a
Earnings Date Nov 13, 2024

About GAM

General de Alquiler de Maquinaria, S.A. primarily engages in the equipment rental business in Spain, Portugal, Latam, and internationally. It rents lifting, load handling, energy, maintenance, and other equipment. The company also purchases and sells new and secondhand machinery; rents equipment for large events; and provides maintenance services for equipment and machinery, as well as undertakes modular construction projects. In addition, it offers industrial machinery training services and machinery logistics services. The company serves vari... [Read more]

Sector Industrials
Founded 2002
Employees 1,814
Stock Exchange Madrid Stock Exchange
Ticker Symbol GAM
Full Company Profile

News

Spanish government in talks with banks to support Siemens Gamesa

The Spanish government said on Tuesday it is working with banks to provide financial support to Siemens Gamesa, with the ultimate aim of protecting the workers the company employs in the country.

10 months ago - Reuters

Siemens Gamesa has fix for onshore wind turbine problem

Siemens Energy has fixed quality issues at onshore wind turbines it is currently selling to customers, the CEO of the group's wind division Siemens Gamesa said on Friday, adding the group had made pro...

1 year ago - Reuters

Siemens Gamesa turbine woes to cost less than 2 bln euros - source

Siemens Gamesa's troubles with its onshore wind turbines should cost parent company Siemens Energy less than 2 billion euros ($2.19 billion), a source familiar with the matter told Reuters.

1 year ago - Reuters

Developer exposure to Siemens Gamesa woes limited for now - Citi

Developers of renewable energy projects have limited exposure to the wind turbines that are at the heart of far-reaching quality issues at Siemens Energy's Siemens Gamesa division, brokerage Citi said...

1 year ago - Reuters

Siemens Gamesa wind turbines no worse than others, Sweden's Eolus says

Swedish wind farm developer Eolus Vind on Wednesday said technical issues seen with turbines delivered by Siemens Gamesa are no more frequent than other manufacturers and that it is receiving componen...

1 year ago - Reuters

Factbox: What are the issues with Siemens Gamesa's wind turbines?

Shares in Siemens Energy fell on Monday after the company quantified deeper than expected problems at its struggling wind turbine division that were first unveiled in June, saying the issues triggered...

1 year ago - Reuters

Siemens Energy takes full control of Siemens Gamesa

Minority shareholders of Siemens Gamesa on Tuesday approved a capital reduction for the remaining 2.21% stake parent Siemens Energy does not already own, paving the way for a full integration of the S...

1 year ago - Reuters

Siemens Gamesa to cut reliance on China for rare earths, permanent magnets

Wind turbine maker Siemens Gamesa is hoping to cut is dependence on China in some critical parts of its supply chain, its chief executive said, adding that while there was interest from customers such...

1 year ago - Reuters

Siemens Gamesa executive says wind turbine makers need cash support

Big Western wind turbine makers need direct financial support to make the investments needed to aid decarbonisation, Siemens Gamesa's operating chief said on Tuesday.

1 year ago - Reuters

Siemens Gamesa agrees to sell Windar Renovables stake to Bridgepoint

Siemens Gamesa has signed an agreement to sell its 32% stake in Windar Renovables to Bridgepoint , a spokesperson for Siemens Energy , Siemens Gamesa's parent, said on Sunday.

1 year ago - Reuters

GE and Siemens Gamesa Settle Their Beef. But Something Else Matters More for GE Stock.

The settlement over wind power patents is a small positive. The bigger deal is a price target increase from a Morgan Stanley analyst.

1 year ago - Barrons

Siemens Energy to refinance Siemens Gamesa debt with $1.6 billion green bond

Siemens Energy AG has placed its first so-called green bond, raising 1.5 billion euros ($1.63 billion) that will be used to refinance existing debt of its wind-turbine unit Siemens Gamesa Renewable En...

1 year ago - Market Watch

Siemens Gamesa shares suspended from trading on Tuesday ahead of delisting

Siemens Gamesa Renewable Energy SA's shares have been suspended from trading on Tuesday until Spanish stock exchanges proceed to the planned delisting, according to a filing to stock market regulator ...

1 year ago - Market Watch

Siemens Gamesa posts wider net losts due to high costs

Siemens Gamesa Renewable Energy SA reported Thursday a widened net loss for the first quarter of fiscal 2023, as high costs offset a rise in revenue.

1 year ago - Market Watch

Top 5 Floating Wind Farm Stocks: Which Companies Are Going Deep In Clean Tech?

Floating wind farms might be the next frontier in green energy. Here's what investors should know about the the top energy companies profiting at sea right now.

1 year ago - Forbes

Siemens Energy launches $4 bln tender offer for Siemens Gamesa

Siemens Energy opened on Tuesday a 4.05 billion euro ($4.05 billion) bid for the third of the shares it does not own in its unit Siemens Gamesa , the German company said.

1 year ago - Reuters

Spanish regulator allows Siemens Gamesa's $4 bln takeover

Spanish stock market regulator CNMV on Monday authorised Siemens Energy's 4.05 billion euro ($4 billion) bid for the shares in its Spanish unit Siemens Gamesa it does not own.

1 year ago - Reuters

Siemens Gamesa to cut 2,900 jobs as part of its turnaround

Wind turbine maker Siemens Gamesa plans to cut 2,900 jobs, mostly in Europe, as part of a plan to return to profitability, it said in a statement on Thursday.

2 years ago - Reuters

Wind turbine maker Siemens Gamesa to lay off 2,900 workers worldwide

Siemens Gamesa Renewable Energy SA SGRE, 0H4N, +0.11% GTQ1, +0.14% GCTAY, +2.68% GCTAF, -3.13% said Thursday it will lay off 2,900 people as the wind turbine maker takes steps to return to a profit in...

2 years ago - Market Watch

Exclusive: Siemens Gamesa weighs around 2,500 job cuts - sources

Wind turbine maker Siemens Gamesa is considering around 2,500 job cuts, or about 9% of its workforce, as part of efforts to recover from losses that have prompted its main shareholder to launch a take...

2 years ago - Reuters

Siemens Energy offers to buy Siemens Gamesa for $4.29 billion

By Cecilia Butini

2 years ago - Market Watch

Siemens Energy makes bid for remaining Siemens Gamesa stake

Siemens Energy on Saturday said it would offer 18.05 euros ($19.06) per share for the remaining third it does not already own in Spanish-listed Siemens Gamesa, hoping to remove a complex ownership str...

2 years ago - Reuters

Siemens Energy plans bid for remaining Siemens Gamesa stake - sources

Siemens Energy is preparing a bid to buy the remaining third of Spanish-listed wind turbine maker Siemens Gamesa it does not already own, two people familiar with the matter said.

2 years ago - Reuters

Siemens Energy not pursuing divestment of Siemens Gamesa for now

Siemens Energy is not currently looking at divesting its wind turbine division Siemens Gamesa as part of a strategic review, its Chief Executive Christian Bruch told journalists on Wednesday.

2 years ago - Reuters

Siemens Gamesa's keeps outlook under review as uncertainty persists

Wind turbine maker Siemens Gamesa said on Thursday its 2022 outlook remains under review due to both internal and external challenges.

2 years ago - Reuters