Profile
Sector:
Consumer CyclicalIndustry:
Auto PartsCountry:
SwedenIPO:
28 April 1997Website:
http://www.autoliv.comNext earnings report:
24 January 2025Last dividends:
04 September 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 20:09:04 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
ALV Latest News
Autoliv, Inc. ALV reported better-than-expected third-quarter sales results on Friday.
ALV reports mixed third-quarter results and expects full-year 2024 organic sales growth of around 1%, down from the earlier expectation of 2%.
Autoliv, Inc. (NYSE:ALV ) Q3 2024 Earnings Conference Call October 18, 2024 8:00 AM ET Company Participants Anders Trapp - Vice President, Investor Relations Mikael Bratt - President and Chief Executive Officer Fredrik Westin - Executive Vice President, Finance and Chief Financial Officer Conference Call Participants Hampus Engellau - Handelsbanken Colin Langan - Wells Fargo George Galliers - Goldman Sachs Mattias Holmberg - DNB Markets Michael Jacks - Bank of America Agnieszka Vilela - Nordea Jairam Nathan - Daiwa Securities Erik Golrang - SEB Elias Cohen - Nuremberg Berman Trevor Young - Barclays Operator Good day and thank you for standing by. Welcome to the Autoliv, Inc. Third Quarter 2024 Financial Results.
Autoliv (ALV) shares surged Friday after the world's largest maker of airbags and seatbelts reported strong third-quarter results, despite a drop in light vehicle production amid a global slowdown in the auto sector.
Autoliv, Inc. (ALV) came out with quarterly earnings of $1.84 per share, missing the Zacks Consensus Estimate of $2 per share. This compares to earnings of $1.66 per share a year ago.
STOCKHOLM , Oct. 18, 2024 /PRNewswire/ -- (NYSE: ALV) (SSE: ALIV.sdb) Q3 2024: Solid sales outperformance Financial highlights Q3 2024 $2,555 million net sales 1.6% net sales decrease 0.8% organic sales decline* 8.9% operating margin 9.3% adjusted operating margin* $1.74 diluted EPS, 11% increase $1.84 adjusted diluted EPS*, 11% increase Full year 2024 guidance Around 1% organic sales growth Around 1% negative FX effect on net sales Around 9.5-10.0% adjusted operating margin Around $1.1 billion operating cash flow All change figures in this release compare to the same period of the previous year except when stated otherwise. Key business developments in the third quarter of 2024 Third quarter sales decreased organically* by 0.8%, which was 4pp better than global LVP decline of 4.8% (S&P Global Oct 2024).
Autoliv's operating margin is expected to expand to the low-teens percentage level and 12% for Q4 2024 and the intermediate term, respectively. ALV's market share for the Chinese OEM segment expanded from 20% three years ago to 30% now, and the prospects for the Chinese OEM segment are favorable due to expectations of growing safety content. I upgrade my rating for Autoliv to a Buy, taking into consideration the company's China growth outlook and profitability improvement prospects.
Beyond analysts' top -and-bottom-line estimates for Autoliv (ALV), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Autoliv (ALV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
STOCKHOLM , Sept. 30, 2024 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that as of September 30, 2024, the total number of issued shares of common stock is 83,487,293 of which 78,750,609 shares are outstanding.
What type of business is Autoliv?
Autoliv, Inc. is an American-Swedish developer, manufacturer, and supplier of safety systems for the automotive industry. The company has been in operation since 1953 and was officially established in its current form in 1997 as a result of the merger between the Swedish Autoliv AB and American Morton ASP Inc. Registered in Delaware, USA, Autoliv's headquarters is located in Stockholm, Sweden. Their safety systems include modules and components for front impact airbag protection systems, side impact airbag protection systems, seat belts, steering wheels, airbag inflators, battery cable cutters, and protection systems for vulnerable road users such as pedestrians and cyclists.
What sector is Autoliv in?
Autoliv is in the Consumer Cyclical sector
What industry is Autoliv in?
Autoliv is in the Auto Parts industry
What country is Autoliv from?
Autoliv is headquartered in Sweden
When did Autoliv go public?
Autoliv initial public offering (IPO) was on 28 April 1997
What is Autoliv website?
https://www.autoliv.com
Is Autoliv in the S&P 500?
No, Autoliv is not included in the S&P 500 index
Is Autoliv in the NASDAQ 100?
No, Autoliv is not included in the NASDAQ 100 index
Is Autoliv in the Dow Jones?
No, Autoliv is not included in the Dow Jones index
When was Autoliv the previous earnings report?
No data
When does Autoliv earnings report?
The next expected earnings date for Autoliv is 24 January 2025