Autoliv (ALV) Misses Q3 EPS by 33c

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Go back to Autoliv (ALV) Misses Q3 EPS by 33c

Financial Report July - September 2018

October 26, 2018 6:16 AM EDT

STOCKHOLM, Oct. 26, 2018 /PRNewswire/ -- For the three-month period ended September 30, 2018, Autoliv, Inc. (NYSE: ALV and SSE: ALIV.Sdb), the worldwide leader in automotive safety systems, reported consolidated sales growth of 4.1% to $2,033 million. Quarterly organic sales* grew by 6.4%, mainly driven by 22% organic sales growth* in Americas. Airbags sales grew organically* by 8% and seatbelts sales grew organically* by 3%. Both the reported and adjusted* operating margin was 9.5%. (For non-U.S. GAAP measures see enclosed reconciliation tables.)

For the full year 2018, the indication is for organic sales to increase by around 6% and the adjusted operating margin to... More