Autoliv, Inc. (ALV) PT Raised to $160 at Mizuho Securities

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Autoliv: Financial Report October - December 2017

January 30, 2018 6:31 AM EST

STOCKHOLM, Jan. 30, 2018 /PRNewswire/ --

For the three-month period ended December 31, 2017, Autoliv, Inc. (NYSE: ALV) (SSE: ALIV.Sdb), the worldwide leader in automotive safety systems, reported record consolidated sales of $2,729 million. Quarterly organic sales* grew by 1.1%. The operating margin was 0.5% and the adjusted operating margin* was 9.6% (for non-U.S. GAAP measures see enclosed reconciliation tables).

The expectation at the beginning of the quarter was for quarterly organic sales to be "virtually flat" and an adjusted operating margin to be "more than 9%".For the first quarter of 2018,... More