Autoliv Inc

ALIV SDB

Equity

ISIN SE0021309614 / Valor 132349911

NASDAQ Nordic Exchange Stockholm, Equities (2024-09-18)

SEK 987.50-0.53%

Autoliv Inc
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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 Cyclicals

Revenue Growth

Autoliv Inc. reported revenue of $2,635 million for Q2 2024, a slight increase from $2,605 million in Q2 2023. This growth was driven by strong performance in key markets, particularly in South Korea and India.

Gross Profit

For Q2 2024, Autoliv Inc. achieved a gross profit of $475 million, representing 18.2% of sales. This is an improvement from the $447 million, or 17.0% of sales, reported in Q2 2023, indicating better cost management and operational efficiencies.

Adjusted Operating Income

Autoliv Inc.'s adjusted operating income for Q2 2024 was $221 million, or 8.5% of sales, compared to $212 million, or 8.0% of sales, in Q2 2023. This increase was primarily driven by cost-saving activities and commercial recoveries, partially offset by general cost inflation.

Dividends

In Q2 2024, Autoliv Inc. paid a dividend of $0.68 per share, up from $0.66 per share in Q2 2023. This reflects the company's commitment to returning value to shareholders while maintaining a strong balance sheet.

Cash Flow

Autoliv Inc. reported an operating cash flow of $340 million for Q2 2024, compared to $379 million in Q2 2023. The decrease was due to changes in operating working capital, although the company continued to show strong performance in net income and working capital management.

Summarized from source with an LLMView Source

Key figures

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Performance

25.8%1Y

25.8%3Y

25.8%5Y

Volatility