Autoliv (ALV) Misses Q4 EPS by 13c
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Autoliv - Financial Report October - December 2016
February 2, 2017 6:22 AM ESTSTOCKHOLM, Feb 02, 2017 /PRNewswire/ --
Autoliv, Inc. (NYSE: ALV and SSE: ALIV.Sdb) the worldwide leader in automotive safety systems reported record consolidated sales of $10,074 million in 2016 and the Company increased its R,D&E efforts for future growth while indicating 2017 adjusted operating margin in line with its long term target range.
For the three-month period ended December 31, 2016, the Company reported record sales of $2,604 million. Quarterly organic sales* grew by 1.1% (for non-U.S. GAAP measures see enclosed reconciliation tables). The fourth quarter of 2016 included approximately three less working days compared to 2015, decreasing the year-over-year... More
