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9
Autoneum Annual Report 2015
Letter to shareholders
CFO and member of the Executive Committee of
the Automotive Systems Division of Rieter
Holding Ltd. The Board of Directors of Autoneum
Holding Ltd and CEO Martin Hirzel thank Volker
Eimertenbrink for the work he has done and his
loyal service to the company and wish him all
the best for the future. The Board of Directors
has appointed Fausto Bigi as his successor and
member of the Group Executive Board. Fausto
Bigi has long-standing experience in the global
automotive supplier industry. He was already in
charge of the South American business of the
Automotive Systems Division of Rieter Holding
Ltd from 2008 to 2011 and following the
separation additionally held office at Autoneum
as Deputy Head of Business Group SAMEA
until 2012. The Brazilian citizen has taken over
management of Business Group SAMEA on
March 1, 2016, from CFO Dr Martin Zwyssig,
who held charge temporarily since January 1,
2016. In order to ensure optimum control of the
key SAMEA market of Brazil, the headquarters
of the Business Group has been transferred from
Winterthur, Switzerland, to São Paulo, Brazil.
Outlook
In 2016, a rise in global automobile production
of 3% to approximately 91 million light vehicles
is anticipated. By continuing its existing
successful strategy implementation, Autoneum
expects to increase net sales in local currencies
in line with its mid-term financial targets by
4% to 5%. The Group’s 2015 operating margin
should be exceeded in 2016.
In 2016,
Autoneum expects to
increase net sales
in local currencies by
4% to 5% and to
exceed the Group’s
2015 operating
margin.
Thank you
On behalf of the Board of Directors and the
Group Executive Board, our thanks go to
all associated with Autoneum: shareholders,
customers and business partners with
whom we share a trusting relationship, as
well as to more than 11000 employees
worldwide who made the successes of the
past years possible.
Winterthur, March 2, 2016
Hans-Peter Schwald
Martin Hirzel
Chairman of the Board
Chief Executive Officer