Veoneer (VNE) Reports Q3 Net Sales of $391M
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Veoneer: Financial Report July - September 2021
October 26, 2021 6:21 AM EDTSTOCKHOLM, Oct. 26, 2021 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE and SSE: VNE-SDB)Â Â Â Â
Financial Summary - Q3'21
Active Safety drives organic sales growth, despite 20% YoY decline in light vehicle production (LVP) Net Sales $391 million, Net sales increase 5%, Organic Sales1 increase 3% YoY Active Safety Net Sales increase 27%, Organic Sales increase 24% YoY Operating cash flow $(120) million Cash balance $420 million Veoneer is currently focusing on providing information relating to the on-going acquisition process and is no longer providing a forward looking outlook... More