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Upside from restructuring program<br />
Cornerstone of 2008 restructuring program<br />
1 • Move manufacturing capacity from<br />
Western to Eastern Europe<br />
2 • Optimize manufacturing capacities in<br />
North America<br />
3 • Simplification of the organization,<br />
reduction of overhead costs, selective<br />
disposals of non-core activities<br />
(1) Excludes goodwill impairment and write-offs of approx. CHF 49 MM<br />
FAK/BMK 2010 March 2011<br />
<strong>Autoneum</strong><br />
4 • Significantly lower break-even target<br />
achieved<br />
5 • Majority of projects accomplished in<br />
2010 and to bring full savings in 2012<br />
6 • Completion of 2008 Restructuring<br />
Program with total cost of CHF 195<br />
MM (1) by 2012<br />
43
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