Autoliv: Financial Report January - March 2016

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Go back to Autoliv: Financial Report January - March 2016

Autoliv (ALV) Tops Q1 EPS by 15c; Offers Outlook

April 29, 2016 7:27 AM EDT

Autoliv (NYSE: ALV) reported Q1 EPS of $1.66, $0.15 better than the analyst estimate of $1.51. Revenue for the quarter came in at $2.43 billion versus the consensus estimate of $2.33 billion.

Comments from Jan Carlson, Chairman, President & CEO

Autoliv had a solid first quarter. Sales growth and operating margin both exceeded our expectations from the beginning of the quarter, operating cash flow was strong and our adjusted earnings per share grew by 17%. I am pleased with the quarter.

"In Passive Safety we had solid growth across most regions and outperformed the light vehicle... More