Autoneum is increasing its local presence in Mexico by building an additional facility through UGN. The new plant in Silao is expected to start production of parts for Japanese car manufacturers.

Autoneum Holding AG announced sales results for the year 2012. The company recorded a marked increase of 13.4% in net sales for 2012 to CHF 907.7 million from prior year value of CHF 682.4 million.

Autoneum reported consolidated earnings results for year ended December 31, 2012. For the period net sales were CHF 1,907.7 million compared to CHF 1,682.4 million in the same period last year. Operating result before interest, taxes, depreciation, and amortization (EBITDA) was CHF 144.6 million compared to CHF 104.2 million in the same period last year. EBIT was CHF 75.5 million compared to CHF 34.9 million in the same period last year. Net profit was CHF 28.7 million compared to CHF 2.3 million in the same period last year. Earnings per share were CHF 2.41 compared to loss per share of CHF 2.13 in the same period last year. Net cash from operating activities was CHF 114.9 million compared to CHF 35.6 million in the same period last year. Net debt was CHF 123.0 million compared to CHF 154.8 million in the same period last year. Net profit attributable to shareholders of the company was CHF 11.2 million compared to loss attributable to shareholders of the company CHF 10.0 million in last year. Return on net assets was 9.5% against 4.1% last year. Capital expenditure on tangible and intangible assets was CHF 75.3 million against CHF 75.3 million last year.