First-half increase in revenue and profit for Autoneum
Despite the flat market development in the first half of 2024, Autoneum, the Switzerland-based supplier of vehicle acoustic and thermal management solutions, managed to increase both revenue and profitability before special effects over the prior-year period.
This was achieved through the automotive business of German automotive supplier Borgers, which was acquired in April 2023, and contributed for the first time to the entire reporting period. At the same time, Autoneum said it achieved operational improvements worldwide.
For the full story, see the August 2024 edition of MobileTex.
Photo: Autoneum