Related Keywords: acoustic and thermal management for vehicles, automobile manufacturers, high-volume customer orders
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.
