Autoliv (ALV) Tops Q3 EPS by 12c

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Autoliv - Financial Report July - September 2017

October 26, 2017 6:35 AM EDT

STOCKHOLM, Oct. 26, 2017 /PRNewswire/ --

For the three-month period ended September 30, 2017, Autoliv, Inc. (NYSE: ALV and SSE: ALIV.Sdb), the worldwide leader in automotive safety systems, reported consolidated sales of $2,500 million. Quarterly organic sales* grew by 0.5%. The reported operating margin was 6.3% and the adjusted operating margin* was 7.9% (for non-U.S. GAAP measures see enclosed reconciliation tables).

The expectation at the beginning of the quarter was for quarterly organic sales to increase "in the range of 0-2%" and an adjusted operating margin "in the 7.5-8.0% range."

For the fourth quarter of 2017, the... More