Autoliv: Financial Report April - June 2020
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Autoliv (ALV) Misses Q2 EPS by 55c, Revenues Miss
July 17, 2020 6:20 AM EDTAutoliv (NYSE: ALV) reported Q2 EPS of ($1.40), $0.55 worse than the analyst estimate of ($0.85). Revenue for the quarter came in at $1.05 billion versus the consensus estimate of $1.06 billion.
Financial highlights Q2 2020
$1,048m net sales48% organic sales decline*(22.3)% operating margin(16.4)% adjusted operating margin*$(2.00) EPS - a decrease of $3.25$(1.40) adjusted EPS* - a decrease of $2.78Full year 2020 indicationsNo indications will be provided until effects of COVID-19 pandemic can be better assessedKey business developments in the second quarter of 2020
Organic sales declined* 2.6pp more than global light vehicle production declined,... More