Autoliv (ALV) Misses Q2 EPS by 55c, Revenues Miss
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Autoliv: Financial Report April - June 2020
July 17, 2020 6:18 AM EDTSTOCKHOLM, July 17, 2020 /PRNewswire/ -- (NYSE: ALV) and (SSE: ALIV.Sdb)
Q2 2020: Adapting to weak but improving LVPÂ
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 $2.78
Full year 2020 indicationsNo indications will be provided until effects of COVID-19 pandemic can be better assessed
Key business developments in the second quarter of 2020
Organic sales declined* 2.6pp more than global... More