Autoliv Expands Active Safety Capability
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Autoliv (ALV) Tops Q2 EPS by 7c
July 17, 2015 6:42 AM EDTAutoliv (NYSE: ALV) reported Q2 EPS of $1.62, $0.07 better than the analyst estimate of $1.55. Revenue for the quarter came in at $2.29 billion versus the consensus estimate of $2.28 billion.
Autolivs strong organic sales growth* continued in the second quarter. Our ability to continue to grow even when a growth market such as China slows down, demonstrates our global strength. Europe and North America were the drivers, showing solid, balanced increases for both passive and active safety products. I am pleased that, through solid execution, we managed to exceed our operating margin expectation from... More
