Autoneum (AUTN) Investor presentation summary

2024 performance

• Revenue CHF 2,338.7 million; local-currency growth 4.2% in a slightly shrinking market, with record order intake.

• EBIT margin 5.3%; net result CHF 70.0 million; free cash flow CHF 109.7 million.

• Dividend CHF 2.80 per share, up from CHF 2.50 in 2023.

Growth and 2025 outlook

• Three-year order intake reached CHF 7.8 billion for 2022–2024, versus CHF 6.4 billion for 2021–2023; 2024 awards totaled CHF 3.2 billion in lifetime revenue.

• 2025 revenue guidance CHF 2.3–2.5 billion, including Jiangsu Huanyu Group from February 28; outlook assumes no automobile production growth.

• 2025 EBIT margin guidance 5%–6%; free cash flow ~CHF 100 million, excluding one-off net cash outflow for M&A.

• Jiangsu Huanyu Group majority-shareholding acquisition and new plants in Pune and Changchun marked steps in the Asia focus; Chengdu FAW-Sihuan acquisition expected to close in July 2025.

Medium-term targets and sustainability

• Targets: revenue CHF 3 billion; EBIT margin 6%–8% over the cycle; free cash flow above 5% of revenue; net debt/EBITDA including IFRS 16 below 1.5x.

• 2024 reference points: revenue CHF 2.3 billion, EBIT margin 5.3%, free cash flow 4.7% of revenue and net debt/EBITDA 1.6x at Dec. 31.

• By 2027 from a 2019 baseline, targets are to reduce Scope 1 and 2 CO₂ emissions by 20% and non-hazardous waste by 40%; 2024 reductions were 22.8% and 38.5%, respectively.

• Sustainability priorities include renewable electricity at production plants, recyclable and reusable materials, responsible sourcing, ISO 50001 energy management and SBTi-aligned emissions reduction.