Following its return to net profit for the first time since 2017, Autins reflects on the progress made through its “Survive and Thrive” strategy and the strong foundations now in place for long-term growth.
Following a significant milestone in Autins’ journey, our return to net profit for the first time since 2017, we’re taking the opportunity to reflect on the strategy that has helped strengthen the business and position it for future growth.
The past few years have tested the UK and European automotive supply chain like never before. Rising costs, supply disruptions, shifting customer demands and broader economic uncertainty have created headwinds that have challenged even the strongest businesses in our sector. Autins faced those challenges head on, and we did so with a clear plan: our “Survive and Thrive” strategy.
Today, that plan is delivering results.
A Milestone Worth Celebrating
For the first time since 2017, Autins has returned to net profit. It’s a milestone that reflects the dedication of every person across our UK, German and Swedish operations, and it signals something important to our customers and partners. Autins is a stronger, more capable business than ever before.
Our gross margin has expanded significantly, our EBITDA has grown by more than 70%, and our operational efficiency has improved substantially across all three of our European businesses. These aren’t just numbers on a page; they represent a more resilient, reliable partner for everyone we work with.
What “Survive and Thrive” Actually Means
When we launched this strategy, “Survive” meant making the disciplined decisions needed to protect the business by tightening operations, improving commercial focus and ensuring we could weather the storms that lay ahead. We did that.
But “Thrive” is where the real opportunity lies, and that’s exactly where we are now.
We’ve secured over £12 million of new and transfer business in the UK, alongside €4.3 million of new contracts in Germany, including a strategic Lightfoam award with a new customer that opens an exciting growth avenue we’re beginning to explore.
These aren’t short-term wins. They are multi-year programmes that provide both us and our customers with meaningful revenue visibility and a platform for long-term collaboration.
Investing in Relationships and the Future
Our new contract wins are the direct result of more than two years of focused work to earn and deepen customer trust. We’ve invested in our technical capabilities, our quality systems and our reliability because we know our customers need a partner they can count on, not just a supplier.
That same commitment extends to how we manage our finances. We recently repaid our existing loan facility with Maven Capital Partners, a facility originally taken on in 2020, and replaced it with a new, more flexible £1 million four-year term loan. Combined with the final repayment of our legacy CBILS facility in June 2026 (please double-check this month), this gives us a cleaner, more flexible balance sheet and the working capital headroom to invest in growth alongside our customers.
Looking Ahead with Confidence
The road ahead is clear and well signposted. The Group is guiding towards revenues of £22 million in the coming year, increasing to £26 million the following year, with EBITDA and profitability expected to improve materially over the same period.
The new programmes we’ve secured, particularly within our German and Swedish operations, will ramp up progressively, providing a stable and growing revenue base.
We are also watching the broader market closely. The UK automotive supply chain is consolidating, and Autins is well placed to play an active role in that process, whether by capturing transfer business from suppliers who are struggling or through targeted growth opportunities that make strategic sense for our customers and partners as much as for us.
A Business You Can Count On
The most important thing we can say to our customers and partners is this: the business you are working with today is fundamentally stronger than it was even two years ago. Our operations are leaner and more efficient. Our financial position is improving. Our team is energised and focused. And our pipeline of new business gives us the confidence to invest, grow and deliver.
We’re not just surviving anymore. We’re thriving, and we’re doing it together with the customers and partners who’ve stood with us and helped make this possible.
As we move into the next phase of our journey, we look forward to continuing to support our customers, invest in innovation and share further progress in the months ahead.
Autins Group plc (AIM: AUTG) is a UK and continental Europe-based industrial materials technology business specialising in acoustic and thermal insulation solutions. Autins supplies products and services to more than 160 customer locations across Europe.
