{"id":29391,"date":"2020-11-26T06:56:28","date_gmt":"2020-11-26T05:56:28","guid":{"rendered":"https:\/\/www.autoneum.com\/?p=29391"},"modified":"2020-11-25T16:56:15","modified_gmt":"2020-11-25T15:56:15","slug":"current-assessment-of-the-2020-financial-year","status":"publish","type":"post","link":"https:\/\/www.autoneum.com\/zh-hant\/2020\/11\/26\/current-assessment-of-the-2020-financial-year\/","title":{"rendered":"Current assessment of the 2020 financial year"},"content":{"rendered":"<p><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-size:cover;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-1\"><p>The global automobile production has been recovering faster than expected since summer. If this positive trend continues through the full second half of the year, Group revenue in local currencies in the second semester is likely to be just around \u20135% below the level of the prior year period. For the full year 2020 it is anticipated that revenue in local currencies will decline by around \u201320% compared to 2019.<\/p>\n<p>Based on this development of revenue, the extensive cost reduction measures taken in response to the COVID-19 crisis and the on-schedule progress of the turnaround in North America, an EBIT margin of 4-5% is expected for the second half of the year and a slightly positive EBIT margin for 2020 as a whole. Supported by the strict management of working capital and investments, the free cash flow is likely to be in the higher double-digit million range, which should enable a slight reduction in debt.<\/p>\n<p>The outlook for 2021 and especially the first half-year remains uncertain and depends strongly on how the pandemic will develop. According to forecasts, global vehicle production in 2021 will still not reach the level of 2019.<\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-2 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling fusion-equal-height-columns\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last fusion-column-no-min-height fusion-animated\" style=\"--awb-bg-size:cover;\" data-animationType=\"slideInUp\" data-animationDuration=\"1.0\" data-animationOffset=\"top-into-view\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-column-content-centered\"><div class=\"fusion-column-content\"><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep\" style=\"margin-left: auto;margin-right: auto;margin-top:30px;margin-bottom:30px;width:100%;max-width:100%;\"><div class=\"fusion-separator-border sep-single sep-solid\" style=\"--awb-height:20px;--awb-amount:20px;--awb-sep-color:#b4bf1a;border-color:#b4bf1a;border-top-width:1px;\"><\/div><\/div><div class=\"fusion-sep-clear\"><\/div><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-3 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling fusion-equal-height-columns\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-2 fusion_builder_column_1_4 1_4 fusion-one-fourth fusion-column-first fogendeprodukte-right\" style=\"--awb-bg-color:#ffffff;--awb-bg-color-hover:#ffffff;--awb-bg-size:cover;width:25%;width:calc(25% - ( ( 2% + 2% ) * 0.25 ) );margin-right: 2%;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-title title fusion-title-1 fusion-sep-none fusion-title-text fusion-title-size-two\" style=\"--awb-margin-top-small:0px;--awb-margin-right-small:0px;--awb-margin-bottom-small:20px;--awb-margin-left-small:0px;\"><h2 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;--fontSize:32;line-height:1.2;\">Media<\/h2><\/div><div class=\"fusion-text fusion-text-2\"><p>Dr Anahid Rickmann<br \/>\nHead Corporate Communications &amp; Responsibility<br \/>\nT <a href=\"tel:+41 52 244 83 88\">+41 52 244 83 88<\/a><br \/>\n<a href=\"mailto:media.inquiry@autoneum.com\">media.inquiry@autoneum.com<\/a><\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-3 fusion_builder_column_1_4 1_4 fusion-one-fourth fogendeprodukte-right\" style=\"--awb-bg-color:#ffffff;--awb-bg-color-hover:#ffffff;--awb-bg-size:cover;width:25%;width:calc(25% - ( ( 2% + 2% ) * 0.25 ) );margin-right: 2%;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-title title fusion-title-2 fusion-sep-none fusion-title-text fusion-title-size-two\" style=\"--awb-margin-top-small:0px;--awb-margin-right-small:0px;--awb-margin-bottom-small:20px;--awb-margin-left-small:0px;\"><h2 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;--fontSize:32;line-height:1.2;\">Investors and Financial Analysts<\/h2><\/div><div class=\"fusion-text fusion-text-3\"><p>Bernhard Weber<br \/>\nHead Financial Services &amp; IR<br \/>\nT <a href=\"tel:+41 52 244 82 07\">+41 52 244 82 07<\/a><br \/>\n<a href=\"mailto:investor@autoneum.com\">investor@autoneum.com<\/a><\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-4 fusion_builder_column_1_2 1_2 fusion-one-half fusion-column-last white\" style=\"--awb-bg-color:#ffffff;--awb-bg-color-hover:#ffffff;--awb-bg-size:cover;width:50%;width:calc(50% - ( ( 2% + 2% ) * 0.5 ) );\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-title title fusion-title-3 fusion-sep-none fusion-title-text fusion-title-size-two\" style=\"--awb-margin-top-small:0px;--awb-margin-right-small:0px;--awb-margin-bottom-small:20px;--awb-margin-left-small:0px;\"><h2 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;--fontSize:32;line-height:1.2;\">Downloads<\/h2><\/div><div class=\"fusion-button-wrapper fusion-align-block\"><a class=\"fusion-button button-flat fusion-button-default-size button-default fusion-button-default button-1 fusion-button-default-span fusion-button-default-type\" target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.autoneum.com\/wp-content\/uploads\/2020\/11\/201126_Media-Release_Assessment-business-year-2020.pdf\"><span class=\"fusion-button-text awb-button__text awb-button__text--default\">Media Release: Current assessment of the 2020 financial year (PDF)<\/span><\/a><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":6,"featured_media":24864,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[212,196,199],"tags":[],"class_list":["post-29391","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ad-hoc-zh-hant","category-finance-zh-hant","category-media-release-on-top-zh-hant"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Current assessment of the 2020 financial year - Autoneum. 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