You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Significant reduction of break-even level<br />
Break-even structurally reduced by 21% from 2008 to 2010<br />
Net sales at which EBIT break-even is achieved<br />
CHF MM<br />
Underlying<br />
net sales<br />
assumption<br />
2.000<br />
1.900<br />
1.800<br />
1.700<br />
1.600<br />
FAK/BMK 2010 March 2011<br />
(21%)<br />
0<br />
2008 2009 2010<br />
1’960 1’387 1’678<br />
Comments<br />
<strong>Autoneum</strong><br />
Significant structural break-even<br />
adjustment through restructuring<br />
• Total manufacturing capacity aligned in<br />
Europe and North America<br />
• 8 plants operationally closed<br />
• overhead cost reduced<br />
• Footprint in Europe aligned to increase<br />
portion of production in Eastern Europe<br />
(in line with customer footprint)<br />
70