WINTERTHUR, Switzerland, March 12, 2025-

In the 2024 financial year, Autoneum increased its revenue by a further 4.2% in a slightly declining market environment, supported by inorganic growth. Revenue consolidated in Swiss francs rose by CHF 36.4 million to CHF 2 338.7 million. Autoneum also increased its profitability once again: compared to the previous year, EBIT rose by CHF 25.7 million to CHF 125.0 million, corresponding to an EBIT margin of 5.3% (2023: excluding special effects 4.3%. Free cash flow reached CHF 109.7 million in the reporting year. Autoneum has thus fully achieved all its financial targets for 2024. The net result also improved in the 2024 financial year, reaching CHF 70.0 million (2023: CHF 61.1 million). Based on this positive development, the Board of Directors is proposing a dividend of CHF 2.80 per share.

In the 2024 financial year, Autoneum once again managed to increase its revenue and profitability. Despite a continued challenging market environment with declining vehicle production and contrary to negative news coming from the automotive industry, the financial targets for 2024 were fully achieved. A high-performance culture broadly anchored within the Group and consistent attention to detail in all areas and at all levels made this possible.

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