Autoneum Announces Earnings Results for the First Half of 2016; Provides Earnings Guidance for the Second Half Year and Full Year 2016
The company provided earnings guidance for the second half year and full year 2016. For the period, the company assuming sales growth remains above the market level in the second half of the year. Based on unchanged market conditions in the second half of 2016, an EBIT margin above 8% should also be recorded for the year as a whole.
The company expects net sales of up to CHF 2,200 million for the full year 2016.