earnings
confidence high
sentiment positive
materiality 0.80
Autoliv Q1 net sales $2,615M (+5% YoY); adj. operating margin 7.6% vs 5.3%; EPS $1.52 vs $0.86
AUTOLIV INC
2024-Q1 EPS reported
$1.52
revenue$2,615,000,000
- Net sales $2,615M, up 5% organically; outperformed global LVP decline of 1% by 6pp.
- Adjusted operating margin improved to 7.6% from 5.3%; adj. EPS $1.58 (+76% YoY).
- Operating cash flow swung to $122M from -$46M; free cash flow improved to -$18M from -$189M.
- Guidance reaffirmed: ~5% organic sales growth, ~10.5% adj. operating margin, ~$1.2B operating cash flow.
- Leverage ratio 1.3x; €500M green bond issued at 3.625% coupon; $160M share repurchases in Q1.