Toyota Raises Profit Forecast, Shares Surge 16.7% in Biggest Intraday Gain Since 1987
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Gestamp reported a 35.5% increase in net profit to €141 million for the first nine months, driven by currency effects, while revenue declined 0.6% to €8.432 billion. The company's EBITDA rose 1.19% to €936 million, indicating resilience in a challenging automotive environment. The results are company-specific and not indicative of broader sector trends.
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