Autoneum
Autoneum 
Thanks to numerous new ramp-ups and the favorable portfolio of vehicle models supplied, the automotive supplier Autoneum Management AG, Winterthur/Switzerland, grew organically in 2019 by 2.5% in a declining market. Adjusted for currency effects, group revenue amounted to almost CHF 2.3 billion, 0.7% higher compared to the previous year.
The Business Groups (BG) North America (+7.2%), Asia (+8.1%) and SAMEA (South America, Middle East and Africa) (+32.7%) not only outperformed the negative market trend in each case, but also reported higher revenues compared to the previous year. In Europe only, the drop in automobile production caused a decline in revenue of the corresponding BG by -5.6% in local currencies.
North America improved its revenue primarily driven by various production ramp-ups of German and Japanese vehicle manufacturers. Despite considerably fewer vehicles being produced in Asia, the BG increased its revenue thanks to high-volume and new programs of European and Asian automobile manufacturers. BG SAMEA continued its growth course. This was mainly due to high-volume export programs in Turkey and South Africa as well as much higher production volumes compared to the previous year in the key SAMEA market of Brazil.
North America improved its revenue primarily driven by various production ramp-ups of German and Japanese vehicle manufacturers. Despite considerably fewer vehicles being produced in Asia, the BG increased its revenue thanks to high-volume and new programs of European and Asian automobile manufacturers. BG SAMEA continued its growth course. This was mainly due to high-volume export programs in Turkey and South Africa as well as much higher production volumes compared to the previous year in the key SAMEA market of Brazil.