Autoneum
Recovery of global automotive production

Based on this development of sales, the extensive cost reduction measures taken in response to the Covid-19 crisis and the on-schedule progress of the turnaround in North America, an EBIT margin of 4-5% is expected for the H2/2020 and a slightly positive EBIT margin for 2020 as a whole.
The outlook for 2021 and especially the 1st half-year remains uncertain and depends strongly on how the pandemic will develop. According to forecasts, global vehicle production in 2021 will still not reach the level of 2019.