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Autoneum achieves majority of 2013 mid-term targets

20 Mar '14
1 min read

Due to the consistent implementation of its strategy, Autoneum achieved the majority of its financial mid-term targets in 2013. In a challenging market environment, Autoneum increased sales, in local currencies and adjusted for the sale of the Italian subsidiary, by 9.9%. 
 
In Swiss francs, sales improved by 5.8% to 2 053.3 million CHF (2012: 1 940.9 million CHF). EBIT before one-time expenses increased to 117.4 million CHF, and even after one-time expenses, it exceeded with 79.2 million CHF the results of the previous year (2012: 77.3 million CHF). 
 
All four Business Groups reported positive EBIT before one-time expenses for the reporting year, and their sales exceeded the market trend, in some cases by a considerable margin. 
 
Net profit improved to 36.2 million CHF despite the one-time expenses. In view of this result, which is significantly better than the previous year, the Board of Directors is proposing that the dividend be doubled.
 
 

Autoneum Management

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