Autoneum revenue increases

YarnsandFibers News Bureau 2019-02-18 14:39:00 – Winterthur

Apart from Business Group North America, all Business Groups exceeded the market in the corresponding region and recorded substantial revenue growth in 2018. Business Group Europe's revenue climbed by 7.7% in local currencies thanks to high-volume customer orders.

In North America, lower production volumes from automobile manufacturers led to an associated reduction in call-offs at Autoneum and a decline in revenue at Business Group North America of –3.4%, adjusted for currency effects.

Business Group Asia’s revenue increased by 6.6% despite the decline in automobile production in China. With organic growth of 24.4%, Business Group SAMEA continued its growth course. Higher production quantities, especially in Brazil, as well as the continued high-volume export business in Turkey and South Africa were the main reasons for this above-average increase rate.

For the first time since the economic crisis in 2009, global automobile production declined compared to the prior year: With just under 95 million light vehicles produced, the market shrank by 1% compared to 2017. In this market environment, Autoneum increased its revenue adjusted for currency and divestment effects by 3.7% thanks to a favourable model mix. Revenue consolidated in Swiss francs rose by 3.4% from CHF 2 205.4 million to CHF 2 281.5 million in 2018.

Thanks to a favourable model mix, Autoneum, a leading specialist in acoustic and thermal management for vehicles, has significantly increased its revenue in a declining market in 2018. Although fewer vehicles were manufactured worldwide than in the prior year, Group revenue adjusted for currency and divestment effects increased by 3.7%. In Swiss francs, it rose by 3.4% to CHF 2 281.5 million.

0 0 vote
Article Rating
Inline Feedbacks
View all comments

Market Intelligence

Ask for free sample Report

why us?
21 yrs


Fortune 500

Customer Base


dedicated team


Countries Served Worldwide


Register below to receive our newsletters with latest industry trends and news!

WeCreativez WhatsApp Support
Our support team is here to answer your questions via WhatsApp. Ask us anything!
? Hello