Review 2014 – 2018 - Autoneum Annual Report 2018

Review 2014 – 2018


Consolidated income statement
CHF million	2018	20171	2016	2015	20141
Revenue	2 281.5	2 205.4	2 152.6	2 085.9	1 954.7
BG Europe	984.5	886.2	833.4	833.2	803.3
BG North America	921.8	963.8	1 018.7	977.9	882.7
BG Asia	260.3	241.9	210.7	180.9	145.3
BG SAMEA2	111.5	114.1	93.5	94.3	123.9
EBITDA	197.2	257.8	278.1	191.5	201.6
in % of revenue	8.6%	11.7%	12.9%	9.2%	10.3%
EBIT	114.1	179.9	204.5	126.5	135.1
in % of revenue	5.0%	8.2%	9.5%	6.1%	6.9%
Net profit	74.7	118.9	133.8	68.7	102.8
in % of revenue	3.3%	5.4%	6.2%	3.3%	5.3%
Return on net assets in % (RONA)	7.8%	15.0%	21.5%	12.7%	20.3%
Return on equity in % (ROE)	11.6%	19.4%	29.9%	17.4%	29.6%

Consolidated balance sheet at December 31
Non-current assets	897.5	853.0	648.0	553.6	536.2
Current assets	703.8	689.9	649.8	561.1	563.0
Equity attributable to shareholders of AUTN	519.3	545.7	394.3	301.3	303.5
Equity attributable to non-controlling interests	108.4	112.6	104.7	96.2	89.0
Total shareholders’ equity	627.7	658.3	499.0	397.5	392.5
Non-current liabilities	423.1	348.6	220.7	284.8	276.8
Current liabilities	550.6	536.0	578.1	432.3	430.0
Total assets	1 601.3	1 542.9	1 297.8	1 114.7	1 099.3
Net debt	283.7	183.3	57.4	106.1	54.6
Shareholders’ equity in % of total assets	39.2%	42.7%	38.4%	35.7%	35.7%

Consolidated statement of cash flows
Cash flows from operating activities	124.0	145.2	194.1	111.7	138.2
Cash flows used in investing activities	–164.7	–195.7	–92.8	–123.1	–108.8
Cash flows from/(used in) financing activities	34.3	5.4	–28.6	–43.5	–15.0

Employees at December 313	12 946	12 133	11 725	11 423	10 681

Information for investors
CHF million	2018	20171	2016	2015	2014
Number of issued shares	4 672 363	4 672 363	4 672 363	4 672 363	4 672 363
Share capital of Autoneum Holding Ltd	0.2	0.2	0.2	0.2	0.2
Net profit of Autoneum Holding Ltd	21.4	51.9	61.8	19.8	11.9
Market capitalization at December 31	685.8	1 306.6	1 243.4	938.1	783.0
in % of revenue	30.1%	59.2%	57.8%	45.0%	40.1%
in % of equity attr. to shareholders of AUTN	132.1%	239.5%	315.4%	311.3%	258.0%

Data per share (AUTN)
CHF		2018	20171	2016	2015	2014
Basic earnings per share		11.83	19.53	20.61	9.12	17.03
Dividend per share2		3.60	6.50	6.50	4.50	4.50
Shareholders’ equity per share3		111.62	117.25	84.74	65.01	65.71
Share price at December 31		147.40	280.75	267.25	202.40	169.50
Share price development during the year	High	317.00	298.00	290.00	226.40	209.30
	Low	130.00	228.80	185.00	148.40	129.10

¹ Restated.
² As proposed by the Board of Directors and subject to the approval of the Annual General Meeting.
³ Equity attributable to shareholders of Autoneum Holding Ltd per share outstanding at December 31.