earnings
confidence high
sentiment positive
materiality 0.85
Autoliv Q4 2023: Record sales $2.75B, adj. op. margin 12.1%, guides FY24 adj. op. margin ~10.5%
AUTOLIV INC
2023-FY EPS reported
$5.72
revenue$10,475,000,000
- Q4 net sales $2,751M (up 18% YoY, +16% organic); EPS $2.71, adj. EPS $3.74.
- Q4 adj. op. income $334M (up 43% YoY); adj. op. margin 12.1% (up 2.2pp).
- FY23 adj. op. margin 8.8% vs 6.8% YoY; FY24 guidance adj. op. margin ~10.5%.
- FY24 guidance: organic sales growth ~5%, op. cash flow ~$1.2B, capex ~5.5% of sales.
- Shareholder returns: $207M returned via dividends ($0.68/share) and share buybacks in Q4.