Key Highlights (January\u2013June 2025):<\/strong><\/p>\n In a volatile market for the automotive industry, Autoneum delivered a strong performance in the first half of 2025, reflecting our resilience and adaptability in a dynamic global landscape.<\/p>\n Continued growth and higher net result Strategic resilience in a shifting global landscape Inorganic growth makes significant contribution to revenue Increased earnings per share and strong EBIT Robust free cash flow Performance by Business Group Business Group North America<\/strong> demonstrated solid resilience in a challenging environment, achieving a revenue decline of just 2.3% in local currencies during the first half significantly less than the overall market, which contracted by 4.1%*. Revenue consolidated in Swiss francs fell by CHF 34.0 million to CHF 421.0 million (prior-year period: CHF 455.0 million). EBIT margin improved significantly by 0.5 percentage points to 5.1% (prior-year period: 4.6%), reflecting the positive impact of additional operational measures. As a result, EBIT increased by CHF 0.7 million to CHF 21.5 million, compared to CHF 20.8 million in the prior-year period.<\/p>\n Business Group Asia<\/strong> achieved revenue growth of 53.6% in local currencies in the first half, driven by inorganic growth of CHF 55.3 million stemming from the Jiangsu Huanyu Group acquisition. Revenue consolidated in Swiss francs increased by CHF 46.8 million to CHF 143.4 million (prior-year period: CHF 96.7 million). Organically, revenue decreased by 3.6% compared to the 7.8% growth of the overall market*. This is because Autoneum still generated the majority of its first half-year revenue in the region from western and Japanese OEMs in China, whose production volumes still lag behind those of their Chinese rivals. However, this revenue mix will improve going forward thanks to the acquisition of Jiangsu Huanyu Group, which provides broad customer access to all major Chinese OEMs. Business Group Asia\u2019s EBIT climbed by CHF 3.0 million to CHF 11.0 million (prior-year period: CHF 8.0 million), creating an EBIT margin of 7.7% (prior-year period: 8.3%), a decline mainly driven by integration-related costs for Jiangsu Huanyu Group.<\/p>\n Business Group SAMEA<\/strong> (South America, Middle East and Africa) posted an 18.5% increase in revenue in local currencies in the first half, a positive development driven by inflation-related price adjustments. Excluding these effects, revenue development remained in line with the market*, which grew by 2.5% in the period. Revenue consolidated in Swiss francs fell to CHF 54.8 million (prior-year period: CHF 57.3 million) due to significant and ongoing devaluations in various local currencies. High operating efficiency and a focus on inflation management contributed to an increase in EBIT to CHF 8.0 million (prior-year period: CHF 7.6 million), with an outstanding EBIT margin of 14.7% in the first half (prior-year period: 13.3%).<\/p>\n Accelerating growth in a key strategic market At the end of February, Autoneum successfully completed the acquisition of a 70% stake in Jiangsu Huanyu Group, significantly enhancing its local production capabilities and strengthening relationships with Chinese OEMs. Integration efforts are already yielding early synergies across sales, purchasing, and R&T. In May, Autoneum signed an agreement to acquire 100% of Chengdu FAW-Sihuan Interior Parts Co., Ltd., a Chinese specialist in acoustic and thermal management solutions with strong ties to leading manufacturers such as FAW-VW and Geely. The transaction is expected to be closed in the third quarter of 2025.<\/p>\n Both acquisitions are fully aligned with the Group\u2019s Level Up strategy, expanding Autoneum\u2019s footprint in high-growth regions and boosting competitiveness through enhanced local responsiveness and customer proximity.<\/p>\n Driving innovation and sustainability through customer-focused solutions Autoneum also made significant progress in expanding its sustainable product portfolio, aligned with the automotive industry\u2019s transition toward a circular economy. In June 2025, the Group unveiled the N-Join1 carpet \u2013 an innovative mono-material carpet system that eliminates the need for latex and adhesives. This breakthrough enables waste-free production and full recyclability at the end of life, underscoring Autoneum\u2019s commitment to sustainable mobility and product stewardship.<\/p>\n Developing new sustainability goals Autoneum recognized as a Top Employer in Switzerland in 2025 Positive outlook supported by strategic growth Autoneum\u2019s decentralized production model \u2013 manufacturing locally in 25 countries in its four key regions \u2013 positions the Group strongly to mitigate the impact of trade tariffs. To date, no material adverse effects have been observed. The Group remains proactive in monitoring developments and is committed to working closely with customers to find collaborative, forward-looking solutions should additional costs arise.<\/p>\n Autoneum reaffirms its full-year guidance for 2025, reflecting confidence in the Group\u2019s strategic direction and operational resilience. Revenue is expected to reach between CHF 2.3 and 2.5 billion, including the successful consolidation of Jiangsu Huanyu Group as of March 1, 2025. Based on this revenue outlook, Autoneum continues to anticipate an EBIT margin in the range of 5% to 6% and a solid free cash flow of approximately CHF 100 million (excluding one-off M&A-related net cash outflow). These targets underscore the Group\u2019s commitment to profitable growth and disciplined financial management.<\/p>\n *Source: S&P Global Mobility Light Vehicle Production Market Forecast of July, 2025.<\/em><\/p>\n \u00a0<\/strong><\/p>\n Half-Year Report 2025 and presentation Half-Year Results 2025 Video Conference Note: <\/strong>The video conference will be held as a virtual event.<\/p>\n<\/div> Ulrike Reich Bernhard Weber\n
\n<\/strong>Autoneum continued to build momentum in the first half of the year, increasing revenue in local\u00a0currencies by 0.6% compared to the prior-year period. This growth was made possible by the successful acquisition of a majority stake in the China-based Jiangsu Huanyu Group, further strengthening the Group\u2019s global footprint. A significantly improved financial result contributed to a higher net result of CHF 40.7 million, up from CHF 36.1 million a year earlier. Reflecting its confidence\u00a0in its business trajectory, Autoneum confirms its full-year guidance for 2025, targeting revenue\u00a0between CHF 2.3 and 2.5 billion, an EBIT margin of 5% to 6%, and free cash flow of around\u00a0CHF 100 million (excluding one-off M&A-related net cash outflow).<\/p>\n
\n<\/strong>In the first half of 2025, the global economy faced headwinds from rising trade barriers, weakening\u00a0investment and trade flows, and ongoing policy uncertainty. Despite this, the automotive industry\u00a0in key markets, such as the USA, showed strong momentum at the beginning of the first half-year, fueled by pre-tariff purchasing and sustained demand for electric vehicles. While the broader economic outlook has become more cautious due to potential tariff escalations, Autoneum is well equipped to navigate these challenges.<\/p>\n
\n<\/strong>At Group level, revenue consolidated in Swiss francs reached CHF 1 171.6 million (prior-year period: CHF 1 212.3 million). Without the negative currency translation effects of CHF 48.1 million it would have increased by CHF 7.3 million. Organically, revenue declined by 4.0% amid below-market development in Europe and Asia. The acquisition of Jiangsu Huanyu Group, which has been fully consolidated since March 1, 2025, inorganically contributed 4.6% to revenue growth.<\/p>\n
\n<\/strong>In the first half of the year, Autoneum achieved a solid EBIT of CHF 61.9 million, reflecting robust performance in a challenging environment. The EBIT margin held steady at a healthy 5.3%, only slightly below the prior-year level of 5.4%, despite temporary impacts from the organic revenue\u00a0decrease and strategic M&A-related expenses. Notably, the net result improved significantly to CHF 40.7 million (prior-year period: CHF 36.1 million), driven by a stronger financial result with reduced foreign exchange losses and lower interest expenses. This positive development also lifted earnings per share to CHF 5.16 (prior-year period: CHF 4.86), underscoring Autoneum\u2019s continued focus on value creation for shareholders.<\/p>\n
\n<\/strong>Free cash flow in the first half of the year reached CHF 48.4 million (prior-year period: CHF 39.1 million), excluding one-off M&A-related net cash outflow, and was supported, among other factors, by reduced investments in tangible assets of CHF 24.5 million (prior-year period: CHF 28.6 million). Including the net cash outflow of CHF 32.3 million for the Jiangsu Huanyu Group acquisition, free cash flow came in at CHF 16.1 million. The acquisition fueled an increase in assets to CHF 1 780.5 million (December 31, 2024: CHF 1 632.3 million), while net debt rose to CHF 450.4 million (December 31, 2024: CHF 399.2 million). Equity fell by CHF 27.1 million to CHF 576.9 million (December 31, 2024: CHF 604.0 million) and the equity ratio declined by 4.6 percentage points to 32.4% as of June 30, 2025 (December 31, 2024: 37.0%).<\/p>\n
\nBusiness Group Europe\u2019s<\/strong> revenue consolidated in Swiss francs amounted to CHF 560.4 million in the first half (prior-year period: CHF 614.8 million). In local currencies, revenue fell by 7.7% compared to the market\u2019s overall 3.4% decline*. In response to declining market volumes, Business Group Europe implemented effective cost adjustments that helped stabilize EBIT at CHF 24.2\u00a0million (prior-year period: CHF 27.5 million). The EBIT margin held fairly steady at 4.3% (prior-year period: 4.5%) thanks to structural adjustments that are part of footprint adjustments in the United Kingdom and in Germany, along with consistent price management.<\/p>\n
\n<\/strong>Autoneum is advancing its global growth strategy with strategic acquisitions in China, reinforcing\u00a0Its presence in one of the world\u2019s most dynamic automotive markets. With light vehicle production in China projected to rise from around 30 million today to 31.5 million by 2030*, the region plays a central role in Autoneum\u2019s long-term ambitions. The Group aims to generate 20% of revenue in Asia over the medium term \u2013 a goal well supported by its recent expansion steps.<\/p>\n
\n<\/strong>In the first half of 2025, Autoneum advanced its innovation agenda under the second pillar of its Level Up strategy, \u201cInnovate to create customer value\u201d, by launching cutting-edge solutions tailored to the evolving needs of OEMs. Among the highlights was a new lightweight composite Impact\u00a0Protection Plate that combines thermal insulation with mechanical resistance \u2013 a key contribution to the safety and efficiency of electric vehicle (EV) battery systems. Another milestone was the introduction of E-Fiber Flame Shields, a mica-free composite solution that enhances passenger safety in EVs while supporting material innovation.<\/p>\n
\n<\/strong>Sustainability remains at the core of Autoneum\u2019s Level Up strategy, driving both innovation and\u00a0accountability across our operations. In the first half of 2025, the Group made measurable pro-gress toward its science-based targets, including reductions in CO2<\/sub> emissions, waste, and water usage. Additionally, the development of technologies that enable end-of-life recyclability \u2013 such as Flexi-Light PET and N-Join 1 \u2013 will continue to be advanced and optimized. Autoneum remains firmly committed to achieving net-zero emissions by 2050 and to creating long-term value for all stakeholders through sustainable growth.<\/p>\n
\n<\/strong>As in the previous year, Autoneum\u2019s Swiss headquarters in Winterthur was again recognized as a Top Employer by the renowned Top Employers Institute in 2025. The confirmation of the certification underlines Autoneum\u2019s ongoing commitment to placing employees at the center of its business activities and offering them an outstanding working and development environment. Fostering a people-centric culture is a central pillar of Autoneum\u2019s Level Up strategy and thus an integral part of the global guidelines and people practices implemented throughout the Group.<\/p>\n
\n<\/strong>Looking ahead, the Group remains confident in its ability to adapt to evolving market conditions. Continued robust domestic demand is expected to support China\u2019s automotive sector, while other regions may experience slower growth amid trade-related uncertainties. According to the latest market forecast, global light vehicle production is projected to grow only slightly by 0.4% to 89.9 million units in 2025*.<\/p>\n
\n<\/strong>The Half-Year Report 2025 and the presentation on the half-year results 2025 are available at https:\/\/www.autoneum.com\/investor-relations\/financial-reports\/<\/a>.<\/p>\n
\n<\/strong>Today, July 30, 2025, 09:00am CEST<\/p>\nMedia<\/h2><\/div>
\nHead Corporate Communications
\nT +41 52 244 83 88<\/a>
\nmedia.inquiry@autoneum.com<\/a><\/p>\n<\/div>Investors and Financial Analysts<\/h2><\/div>
\nHead Financial Services & IR
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\ninvestor@autoneum.com<\/a><\/p>\n<\/div>Downloads<\/h2><\/div>