earnings
confidence high
sentiment positive
materiality 0.75
Autoliv Q3 net sales $2,302M (+25% YoY), adj. EPS $1.23 (+68%); lifts FY margin view to upper half
AUTOLIV INC
2022-Q3 EPS reported
$3.06
revenue$6,507,000,000
- Q3 net sales $2,302M (+25% reported, +32% organic); EPS $1.21 (+78%); adjusted EPS $1.23 (+68%).
- Operating income $171M (+72%); adjusted operating margin 7.5% vs 5.6% YoY.
- Operating cash flow $232M (+23%); free cash flow $68M; leverage ratio improved to 1.6x.
- FY 2022 guidance: organic sales growth ~15%; adj. margin upper end of 6.0%-7.0% (prior ~6-7%).
- Agreed raw material price adjustments with >90% of customers; price talks for labor/logistics ongoing.