Autoliv Inc

ALV

Equity

ISIN US0528001094 / Valor 629920

New York Stock Exchange, Inc (2024-09-18)

USD 95.75-1.33%

Autoliv Inc
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About company

Autoliv Inc is a global leader in the automotive safety industry, operating in numerous countries and Tech Centers worldwide. The company focuses on designing, developing, and manufacturing cutting-edge passive safety systems for vehicles, as well as mobility safety solutions. With a strong commitment to saving lives, Autoliv's dedicated team of approximately 70,000 employees works tirelessly to create innovative safety solutions that address the evolving needs of the automotive industry. Additionally, Autoliv is actively involved in supporting initiatives such as the United Nations Road Safety Fund to enhance road safety and contribute to safer mobility.

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, which contributed to the overall revenue increase.

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 gross profit, or 17.0% of sales, reported in Q2 2023. The increase in gross profit margin was primarily due to cost-saving activities and commercial recoveries.

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. The improvement in operating income was driven by effective cost management and operational efficiencies, despite facing 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 increase in dividends reflects the company's commitment to returning value to its shareholders through consistent and growing dividend payments.

Cash Flow

Autoliv Inc. reported an operating cash flow of $340 million for Q2 2024, compared to $379 million in Q2 2023. The decrease in operating cash flow was primarily due to changes in working capital, although the company continued to demonstrate strong cash flow performance from its core operations.

Summarized from source with an LLMView Source

Key figures

0.73%1Y

13.2%3Y

21.2%5Y

Performance

27.4%1Y

33.9%3Y

38.0%5Y

Volatility