The Company's sales grew by 17% to 71.9 million euros in the first half of the year, thanks to improved use of the machinery park and, especially, to the gain in the complementary rental business line where the Company continues to strengthen.
Second-hand machinery at auction: lifting, handling, energy, industrial and interior machinery, agricultural, etc.
General de Alquiler de Maquinaria (GAM), the Spanish multinational company which specialises in the comprehensive management of machinery, has returned to the Vuelta Ciclista a España for the eighth consecutive year, the 2014 event, providing one of the most complete machinery and technical assistance services.
The company continues to reduce its net borrowing (8% less compared with year end 2013), with a senior net debt of 194 million in June 2014 compared to 210 million at year end 2013.
Situated very close to its previous premises, the new facilities have more open space, workshops and offices in general.