Autoliv Inc
ALIV SDB
ISIN SE0021309614 / Valor 132349911
Autoliv Inc
UMushroom community rating:
About company
Autoliv Inc. stands as the global leader in automotive safety, boasting the largest market share in its sector with a presence in 25 countries and 14 technical centers around the world. The company specializes in the design, development, and manufacturing of passive safety systems for the automotive industry, alongside mobility safety solutions aimed at addressing the evolving safety requirements of both traditional and new mobility systems. With a workforce of approximately 70,000 employees, Autoliv is committed to its mission of "Saving More Lives," a vision that drives its innovation and collaboration efforts. The company's product portfolio includes a wide range of safety technologies, such as airbags, seatbelts, and steering wheels, which are integral to the safety mechanisms of vehicles across the globe. Autoliv's dedication to enhancing road safety is further exemplified by its support for the United Nations Road Safety Fund (UNRSF), through which it aims to improve road safety awareness and contribute to the global goal of saving 100,000 lives annually.
Summarized from source with an LLMView SourceSector: Consumer CyclicalsLatest Results (05.01.2025):
Q3 2024 Sales Performance
Autoliv Inc. reported a decrease in sales for the third quarter of 2024, with a decline of 160 basis points year-over-year, equating to a reduction of US$42 million. This decrease was primarily due to unfavorable currency translation effects, lower light vehicle production, and a negative regional production mix. Despite these challenges, the company managed to maintain a stable adjusted operating margin.
Profit and Earnings
In Q3 2024, Autoliv's adjusted operating income decreased by 2% to US$237 million, down from US$243 million in the same quarter last year. Earnings per share improved by 11%, largely due to a lower number of outstanding shares and a reduced tax rate. The company reiterated its adjusted operating margin guidance of around 9.5% to 10% for the year.
Cash Flow and Shareholder Returns
Autoliv's operating cash flow for the third quarter was US$177 million, which was US$25 million lower compared to the same period last year. Despite this, the company continued to support high levels of shareholder returns, repurchasing and retiring 1.3 million shares for approximately US$130 million during the quarter.
Regional Sales Insights
Autoliv's consolidated net sales for Q3 2024 were US$2.6 billion, with China accounting for over 19% of sales. The Americas contributed 33%, Europe 27%, and Asia (excluding China) 20%. The company experienced a negative impact from currency translation, which reduced sales by nearly 1% in the quarter.
Organic Sales Growth
Autoliv's organic sales growth outperformed global light vehicle production by 4 percentage points in Q3 2024. Despite a challenging regional mix, the company saw significant outperformance in Japan, the rest of Asia, and Europe, driven by new product launches and pricing strategies. In China, sales to domestic OEMs grew by 18%, outpacing their light vehicle production growth of 8.5%.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
2593 M
Market cap (USD)
70,476
Daily traded volume (Shares)
1047.4 / 1028.2
1 day high/low (USD)
52 weeks high/low (USD)
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EPS (USD)
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Ratings & reviews
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