Stockholm, Sweden, July 21, 2023 (NYSE: ALV and SSE: ALIV.sdb) Q2 2023: Record second quarter sales Financial highlights Q2 2023$2,635 million net sales 27% net sales increase27% organic sales increase*3.6% operating margin8.0% adjusted operating margin*$0.61 EPS, 32% decrease$1.93 adjusted EPS*, 115% increase Full year 2023 indicationsAround 15% organic sales growthAround 1% positive FX effect on net salesAround… Continue reading Financial Report April – June 2023
Author: Autoliv_Official Official News
Autoliv accelerates its global structural cost reductions; aims to close sites in Elmshorn, Germany and Congleton, United Kingdom
(Stockholm, Sweden, July 13, 2023) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, announces its first steps in adjusting its geographic footprint and aims to close its sites in Elmshorn, Germany and Congleton, United Kingdom. Autoliv is accelerating its global structural cost reductions, particularly within its European operations.… Continue reading Autoliv accelerates its global structural cost reductions; aims to close sites in Elmshorn, Germany and Congleton, United Kingdom
Invitation to Autoliv’s Q2, 2023 Earnings Call
(Stockholm, Sweden, July 3, 2023) Autoliv Inc., plans to publish it´s Financial Report for the second quarter 2023 on Friday, July 21, 2023 at 12:00 Central European Time (CET). The report will be available at www.autoliv.com In addition, a teleconference will take place the same day. Audio replay will be available on www.autoliv.com/investors/reports-presentations-transcripts after the… Continue reading Invitation to Autoliv’s Q2, 2023 Earnings Call
Autoliv Retires Repurchased Shares, Decreases Number of Issued Shares
(Stockholm, Sweden, June 30, 2023) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that as of June 30, 2023, the total number of issued shares of common stock is 90,242,332 of which 85,374,054 shares are outstanding. Autoliv retired 475,292 shares of common stock that had been… Continue reading Autoliv Retires Repurchased Shares, Decreases Number of Issued Shares
Autoliv Unveils Revolutionary Passenger Airbag based on the Bernoulli principle
(Auburn Hills, Michigan, June 12) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, today unveiled a patented revolutionary new passenger airbag module that is based on Bernoulli’s Principle and can inflate larger airbags more efficiently as well as reduce development time and cost. The Bernoulli™ Airbag will be… Continue reading Autoliv Unveils Revolutionary Passenger Airbag based on the Bernoulli principle
Autoliv hosts Investor Day – reiterates financial targets
(Auburn Hills, Michigan, USA, June 12, 2023) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, will host an Investor Day today. Throughout the day, members of Autoliv management will outline the Company’s strategy, growth opportunities, financial plans and targets as well as its contribution to sustainable mobility. Autoliv… Continue reading Autoliv hosts Investor Day – reiterates financial targets
Autoliv accelerates structural cost reductions; reiterates its full year 2023 indications
(Stockholm, Sweden, June 8, 2023) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, announces it is accelerating its global structural cost reductions, particularly within its European operations. These actions support Autoliv’s medium- and long-term financial targets and the company reiterates its full year 2023 indications. Autoliv continues to actively… Continue reading Autoliv accelerates structural cost reductions; reiterates its full year 2023 indications
Autoliv to launch its first motorcycle airbag in 2025
(Stockholm, Sweden, June 2, 2023) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), is pioneering improved safety for 200 million road users through its holistic approach to motorcycle and scooter safety. The first new motorcycle safety product to reach the market will be the bag-on-bike airbag, with production beginning in Q1 2025. The bag-on-bike airbag… Continue reading Autoliv to launch its first motorcycle airbag in 2025
Magnus Jarlegren named the next President of Autoliv Europe
Stockholm, Sweden, May 30, 2023 – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, has appointed Magnus Jarlegren, currently Executive Vice President, Operations, as the next President Autoliv Europe effective June 1, 2023. Magnus Jarlegren succeeds Frithjof Oldorff who will leave Autoliv to pursue new opportunities. Magnus Jarlegren brings… Continue reading Magnus Jarlegren named the next President of Autoliv Europe
Petra Albuschus named as next Executive Vice President, Human Resources and Sustainability for Autoliv
(Stockholm, Sweden, May 24, 2023) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, announces that Petra Albuschus will join the company as Executive Vice President, Human Resources and Sustainability and will become a member of the Autoliv Executive Management Team. She will succeed Per Ericson who will retire.… Continue reading Petra Albuschus named as next Executive Vice President, Human Resources and Sustainability for Autoliv