secwatch.observer — SEC 8-K summary
======================================

Issuer:     AUTOLIV INC (ALV)
CIK:        0001034670
Form:       8-K
Filed at:   2024-10-18T23:59:59+00:00
Accession:  0000950170-24-115443
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Autoliv Q3 EPS up 11% but trims organic sales growth guidance to ~1%, margin at low end
--------------------------------------------------------------------------------

- Q3 net sales $2,555M (-1.6% reported, -0.8% organic); LVP declined 4.8% globally; outperformance of 4pp.
- Diluted EPS $1.74 (+11%); adjusted diluted EPS $1.84 (+11%). Adjusted operating margin 9.3% (-0.1pp).
- Full-year 2024 organic sales growth revised to ~1% (from ~2%); adjusted operating margin guidance lowered to ~9.5-10.0% (low end).
- Operating cash flow $177M; free cash flow $32M. $14M supplier settlement cost weighed on gross profit.
- Share repurchases of 1.33M shares in Q3; direct headcount down 6% YoY (3,100 reduction).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1034670/000095017024115443/0000950170-24-115443-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1034670/000095017024115443/alv-20241018.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-115443

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer