WINTERTHUR, SWITZERLAND, July 23, 2015-

Autoneum benefited from the strong demand for its innovative acoustic and thermal management products in the first half of 2015 and successfully continued to pursue the course of growth. Despite a stagnating market environment, successful launches of large-volume car models in Europe and North America as well as the strategy-driven growth with international and Chinese OEMs in Asia led to increases in sales and earnings.

With a rise in sales of 6.3% in local currencies, Autoneum significantly exceeded the 0.9% growth of global automobile production in the first six months of 2015. EBIT increased from 66.8 million CHF to 77.6 million CHF. The EBIT margin accordingly improved by 0.8 percentage points and hit a new record high of 7.7%. Taking into account the non-recurring expenses from the settlement with the German Federal Cartel Office, the EBIT margin came to 4.5%.

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