earnings
confidence high
sentiment positive
materiality 0.80
Autoliv Q4 2022 EPS $1.80 (+38% YoY); organic sales +18%; FY 2023 guidance: ~15% organic growth, 8.5-9% adj. margin
AUTOLIV INC
2022-FY EPS reported
$4.85
revenue$8,842,000,000
- Q4 net sales $2,335M (+10% reported, +18% organic); operating margin 9.8% (vs 8.2% prior year).
- Adjusted EPS $1.83 (+40% YoY); FY 2022 adjusted EPS $4.40 (down 12% from $5.02).
- FY 2023 indications: organic sales growth ~15%, adjusted operating margin ~8.5-9%, operating cash flow ~$900M.
- Q4 operating cash flow $462M (+46%); free cash flow $297M; dividend raised 2.7% to $0.66/share.
- Strong price increases and product launches drove outperformance of LVP by 15pp; gradual offset of non-raw material inflation expected.