Form 8-K AUTOLIV INC For: Apr 22
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Autoliv (ALV) Tops Q1 EPS by 11c
April 22, 2015 6:49 AM EDTAutoliv (NYSE: ALV) reported Q1 EPS of $1.42, $0.11 better than the analyst estimate of $1.31. Revenue for the quarter came in at $2.17 billion versus the consensus estimate of $2.19 billion.
Outlook:
Mainly based on our customer call-offs we expect organic sales for the second quarter of 2015 to grow by around 6% compared to the same quarter of 2014. Currency translations are expected to have a negative effect of more than 10%, resulting in a consolidated sales decline of more than 4%. The adjusted operating margin, excluding costs for capacity... More
