Autoliv (ALV) Tops Q2 EPS by 45c

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Go back to Autoliv (ALV) Tops Q2 EPS by 45c

Autoliv - Financial Report April - June 2018

July 27, 2018 6:21 AM EDT

STOCKHOLM, July 27, 2018 /PRNewswire/ --

For the three-month period ended June 30, 2018, Autoliv, Inc. (NYSE: ALV and SSE: ALIV.Sdb), the worldwide leader in automotive safety systems, reported consolidated sales growth of 11.5% to $2,212 million for Continuing Operations. Quarterly organic sales* grew by 7.3%. Significant geographic organic growth* contributors were China with 18% and Americas with 13%. Seatbelts grew organically* by 11% and airbags by 6%. The reported operating margin was 10.4%. The adjusted operating margin* was 10.4% (for non-U.S. GAAP measures see enclosed reconciliation tables).

For the full year 2018, the indication is for organic sales to increase by around 8% and an... More