Autoneum Raises EBIT Margin and Free Cash Flow Guidance for 2026

Improved profitability and strong cash generation support a higher earnings outlook.

Key Highlights (January–June 2026):

• Organic revenue growth of 0.1% despite a 1.0%* decline in global light vehicle production
• EBIT increased to CHF 69.8 million; EBIT margin improved to 6.0% (HY 2025: 5.3%)
• Free cash flow remained strong at CHF 58.6 million, further reducing net debt
• Revenue in Asia increased by 14.1% in local currencies, driven by the expanded footprint in China
• 2026 revenue guidance reaffirmed at CHF 2.2–2.4 billion; free cash flow guidance raised to more than CHF 110 million; EBIT margin guidance increased to 5.7–6.2%

Autoneum further improved its financial performance in the first half of 2026 despite a subdued automotive market environment. Supported by disciplined execution, operational excellence and the successful integration of recent acquisitions in China, the Group increased profitability, strengthened cash generation and raised its full-year guidance for both EBIT margin and free cash flow.

Revenue in local currencies increased by 3.0%, supported by the expanded business footprint in China. Organically, revenue increased by 0.1%, outperforming global light vehicle production, which declined by 1.0%* during the period. Due to negative currency translation effects resulting from the continued appreciation of the Swiss franc, consolidated revenue decreased by 1.4% to CHF 1’155.0 million.

Autoneum significantly enhanced its earnings performance in the first half of 2026. EBIT increased to CHF 69.8 million from CHF 61.9 million in the prior-year period, while the EBIT margin improved to 6.0% from 5.3%. Earnings per share rose to CHF 5.42 from CHF 5.16, reflecting the Group’s improved profitability and operational performance.

Improved profitability and strong cash flow

Cash flow generation remained strong in the first half of 2026. Free cash flow amounted to CHF 58.6 million, compared to CHF 16.1 million in the prior-year period, which was affected by an acquisition-related net cash outflow of CHF 32.3 million. The performance in the first half of 2026 was mainly supported by increased profitability as well as favorable changes in net working capital compared to the prior-year period.

“Against a backdrop of modestly lower global vehicle production, Autoneum delivered profitable growth through consistent execution of its strategic priorities, further strengthening profitability and cash generation,” said Eelco Spoelder, Chief Executive Officer of Autoneum. “Our performance demonstrates the benefits of disciplined execution, operational excellence and the successful commercialization of innovative solutions. At the same time, we continue to expand our position in Asia and strengthen relationships with a growing number of Chinese vehicle manufacturers.”

Improved profitability in the first half of 2026 was driven by strong contributions from Europe, North America and SAMEA, more than offsetting a temporary margin dilution in Asia. While revenue in Business Group Asia increased by 14.1% in local currencies and significantly grew in a contracting market*, profitability was temporarily affected by integration effects from recent acquisitions, continued price pressure in China and start-up costs associated with the new plants in Wuhu and Anqing. The integration process is progressing according to plan, and additional synergies are expected to materialize over the coming quarters. While these effects temporarily diluted profitability, they are expected to support future growth and strengthen Autoneum’s position in the Chinese market.

Autoneum also continued to advance its innovation and sustainability initiatives. In the first half of 2026, the Group further expanded its portfolio of solutions for electric mobility, including a textile frunk solution for optimized space utilization and weight reduction as well as a battery lid presented at The Battery Show 2026 in Stuttgart, Germany. These developments underline Autoneum’s position as a technology leader in acoustic and thermal management solutions, combining high-performance, lightweight and sustainable materials that create measurable value for OEMs.

Improved Guidance

Global light vehicle production is expected to decline by about 2.1%* in 2026. While market conditions continue to vary by region, global light vehicle production is expected to remain below prior-year level in the second half of 2026.*

Against this market development, Autoneum remains confident in its ability to outperform the market through disciplined execution, operational excellence, innovation leadership, strong cash generation and an increasingly diversified customer portfolio. The Group reaffirms its full-year revenue guidance of CHF 2.2 to CHF 2.4 billion and raises its free cash flow guidance to more than CHF 110 million as well as its EBIT margin guidance to 5.7–6.2%.

*Source: Mobility Global Light Vehicle Production Forecast July 2026 (formerly S&P Global Mobility). 

Half-Year Report 2026 and presentation
The Half-Year Report 2026 and the presentation on the half-year results 2026 are available at https://www.autoneum.com/investor-relations/financial-reports/.

Half-Year Results 2026 Video Conference
Today, July 29, 2026, 09:00am CEST

Note: The video conference will be held as a virtual event.