Autoneum (AUTN) Investor presentation summary

HY1 2025 financial performance

• Revenue CHF1,171.6m vs CHF1,212.3m in HY1 2024, down CHF40.8m.

• EBITDA CHF125.8m, 10.7% of revenue vs CHF128.1m and 10.6%; EBIT CHF61.9m, 5.3% vs CHF65.8m and 5.4%.

• Net result increased to CHF40.7m from CHF36.1m; basic EPS rose to CHF5.16 from CHF4.86.

• Free cash flow was CHF48.4m, excluding one-off M&A-related net cash outflow, vs CHF39.1m; performance was on track for the 2025 target.

Regional performance

• Europe maintained a fairly stable EBIT margin despite market decline.

• Asia revenue benefited from acquisitions and EBIT increased.

• North America’s turnaround was confirmed, with a 5.1% EBIT margin.

• SAMEA delivered a 14.7% EBIT margin.

Market outlook and 2025 guidance

• Global light vehicle production is forecast to rise 0.4% in 2025; Europe and North America are expected to decline, while Asia and ROW increase.

• H2 2025 production is expected to be 0.4% above H1.

• March 2025 guidance remains valid: FY revenue CHF2.3–2.5bn, including Jiangsu Huanyu Group from its February 28, 2025 acquisition date.

• FY 2025 guidance is a 5–6% EBIT margin and ~CHF100m free cash flow, excluding one-off M&A-related net cash outflows.