{"id":21475,"date":"2025-04-16T20:17:01","date_gmt":"2025-04-16T13:17:01","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=21475"},"modified":"2025-04-16T20:17:01","modified_gmt":"2025-04-16T13:17:01","slug":"autoliv-financial-report-january-march-2025","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=21475","title":{"rendered":"Autoliv: Financial Report January &#8211; March 2025"},"content":{"rendered":"<p><span class=\"legendSpanClass\"><span class=\"xn-location\">STOCKHOLM<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">April 16, 2025<\/span><\/span> \/PRNewswire\/ &#8212; (NYSE: ALV) (SSE: ALIV.sdb)<\/p>\n<p><b>Q1 2025: Good sales and execution of cost reduction programs<\/b><\/p>\n<p><b>Financial highlights Q1 2025<\/b><\/p>\n<p><b><span class=\"xn-money\">$2,578 million<\/span><\/b>\u00a0net sales\u00a0<br \/><b>1.4%<\/b> net sales decrease<br \/><b>2.2%<\/b> organic sales growth*<br \/><b>9.9%<\/b> operating margin<br \/><b>9.9%<\/b> adjusted operating margin*<br \/><b><span class=\"xn-money\">$2.14<\/span><\/b> diluted EPS, 41% increase<br \/><b><span class=\"xn-money\">$2.15<\/span><\/b> adjusted diluted EPS*, 37% increase<\/p>\n<p><b>Full year 2025 guidance<\/b><\/p>\n<p><b>Around 2%<\/b>\u00a0organic sales growth<br \/><b>Around 3% negative<\/b> FX effect on net sales<br \/><b>Around 10-10.5%<\/b> adjusted operating margin<br \/><b>Around <span class=\"xn-money\">$1.2 billion<\/span><\/b> operating cash flow<\/p>\n<p><i><b>All change figures in this release compare to the same period of the previous year except when stated otherwise.<\/b><\/i><\/p>\n<p>Key business developments in the first quarter of 2025<\/p>\n<ul type=\"disc\">\n<li><b>First quarter sales increased organically* by 2.2%<\/b>, which was 2.6pp higher than the global LVP decrease of 0.4% (S&amp;P Global <span class=\"xn-chron\">March 2025<\/span>). A strong LVP in March resulted in a stronger than expected global LVP in the quarter. Regional and customer LVP mix is estimated to have contributed to about 3pp underperformance. Compared to March S&amp;P Global LVP data, we outperformed <span class=\"xn-location\">Europe<\/span>, Americas and in <span class=\"xn-location\">Asia<\/span> excl. <span class=\"xn-location\">China<\/span>, mainly due to product launches and positive pricing. Our sales to domestic Chinese OEMs grew by 19%, in line with their LVP growth. As lower content vehicles in <span class=\"xn-location\">China<\/span> outgrew higher content vehicles, we underperformed in <span class=\"xn-location\">China<\/span> overall. We expect that our record number of new launches will significantly improve our relative sales performance in <span class=\"xn-location\">China<\/span> in 2025.<\/li>\n<li><b>Profitability improved,\u00a0<\/b>mainly due to organic sales growth and successful execution of cost reductions. Total headcount decreased by 6%. Impacts from the U.S. tariffs and counter tariffs in Q1 had a negligible impact on operating profit in the quarter as we managed to pass on the costs of tariff increases to our customers. Operating income was <span class=\"xn-money\">$254 million<\/span> and adjusted operating income* was <span class=\"xn-money\">$255 million<\/span>. Operating margin and adjusted operating margin* were both 9.9%.ROCE and adjusted ROCE* were both 25.6%.<\/li>\n<li><b>Free operating cash flow* was in line with last year,<\/b>\u00a0despite that operating cash flow was slightly lower than last year. A larger working capital build up reflecting higher sales at the end of the quarter was offset by lower capex, net. The leverage ratio* of 1.3x is within our target range. In the quarter, a dividend of <span class=\"xn-money\">$0.70<\/span> per share was paid and 0.5 million shares were repurchased and retired.<\/li>\n<\/ul>\n<p><i><b>*For non-U.S. GAAP measures see enclosed reconciliation tables.<\/b><\/i><\/p>\n<p><b>Key Figures<\/b><\/p>\n<div>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\" class=\"prnbcc\">\n<tbody>\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>(Dollars in millions, except per share data)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>Q1 2025<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>Q1 2024<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>Change<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Net sales<\/span><\/p>\n<\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">$2,578<\/span><\/p>\n<\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">$2,615<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">(1.4)\u00a0%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Operating income<\/span><\/p>\n<\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">254<\/span><\/p>\n<\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">194<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">31\u00a0%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Adjusted operating income<sup>1)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">255<\/span><\/p>\n<\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">199<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">28\u00a0%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Operating margin<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">9.9\u00a0%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">7.4\u00a0%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">2.4pp<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Adjusted operating margin<sup>1)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">9.9\u00a0%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">7.6\u00a0%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">2.3pp<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Earnings per share &#8211; diluted<\/span><\/p>\n<\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">2.14<\/span><\/p>\n<\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">1.52<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">41\u00a0%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Adjusted earnings per share &#8211; diluted<sup>1)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">2.15<\/span><\/p>\n<\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">1.58<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">37\u00a0%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Operating cash flow<\/span><\/p>\n<\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">77<\/span><\/p>\n<\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">122<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">(37)\u00a0%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Return on capital employed<sup>2)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">25.6\u00a0%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">19.7\u00a0%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">5.9pp<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Adjusted return on capital employed<sup>1,2)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">25.6\u00a0%<\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">20.2\u00a0%<\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">5.4pp<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"4\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">1) Excluding effects from capacity alignments and antitrust related matters. Non-U.S. GAAP measure, see reconciliation table.<br \/>2) Annualized operating income and income from equity method investments, relative to average capital employed.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p><b>Comments from <span class=\"xn-person\">Mikael Bratt<\/span>, President &amp; CEO<\/b><\/p>\n<p>&#8220;I am pleased that we delivered good sales and profitability in the first quarter. Thanks to our adaptability and resilience, driven by our diverse product portfolio and strong customer relationships, we successfully navigated through the first month of North American tariffs. It is encouraging that we, based on LVP data from March, outperformed global LVP despite continued significant headwinds from LVP mix shifts, particularly in <span class=\"xn-location\">China<\/span>. Based on a record high number of new launches we look forward to a significantly improved sales performance in <span class=\"xn-location\">China<\/span> in 2025.\u00a0<\/p>\n<p>Our strong profitability improvement was a result of well executed operational and commercial efforts. Our structural cost reduction program continued to generate indirect work force reductions, and direct headcount was also reduced significantly although sales grew organically. Results were also supported by reaching Q1 customer compensation agreements for increased costs related to inflation and tariffs. Our continued repurchase of shares also supported a record first quarter EPS.\u00a0<\/p>\n<p>After the slow end to 2024, OEM sourcing of safety products for future car models picked up in the first quarter, despite the geopolitical uncertainty.<\/p>\n<p>Our navigation of the new tariff environment in the first quarter gives us confidence that it is possible to continue on that course when facing increasing or changing tariffs, although there is significant uncertainty. We continue to closely monitor and evaluate the situation, focusing on being adaptive and agile, and we consider our regionalized footprint to be a valuable source for flexibility in a challenging geopolitical environment.<\/p>\n<p>The current geopolitical and business environment uncertainties makes it difficult to predict 2025. However, based on the strong first quarter performance and encouraging near term call-off indications, we reiterate our 2025 guidance of an organic sales growth of around 2% and an adjusted operating margin of around 10-10.5%.<\/p>\n<p>Our strong balance sheet and cash conversion set a solid foundation for our commitment to high shareholder returns. I am looking forward to our Capital Markets Day, on <span class=\"xn-chron\">June 4, 2025<\/span>.<\/p>\n<p><b>Next Report<\/b><\/p>\n<p>Autoliv intends to publish the quarterly earnings report for the second quarter of 2025 on <span class=\"xn-chron\">Friday, July 18, 2025<\/span>.<\/p>\n<p><b>Inquiries: Investors and Analysts<\/b><\/p>\n<p><span class=\"xn-person\">Anders Trapp<\/span><br \/>Vice President Investor Relations<br \/>Tel +46 (0)8 5872 0671<\/p>\n<p><span class=\"xn-person\">Henrik Kaar<\/span><br \/>Director Investor Relations<br \/>Tel +46 (0)8 5872 0614<\/p>\n<p><b>Inquiries: Media<\/b><\/p>\n<p><span class=\"xn-person\">Gabriella Etemad<\/span><br \/>Senior Vice President Communications<br \/>Tel +46 (0)70 612 6424<\/p>\n<p>Autoliv, Inc. is obliged to make this information public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the VP of Investor Relations set out above, at 12.00 CET on <span class=\"xn-chron\">April 16, 2025<\/span>.<\/p>\n<p>This information was brought to you by Cision <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4406815-1&amp;h=1020974559&amp;u=http%3A%2F%2Fnews.cision.com%2F&amp;a=http%3A%2F%2Fnews.cision.com\" target=\"_blank\" rel=\"nofollow\">http:\/\/news.cision.com<\/a><\/p>\n<p><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4406815-1&amp;h=1076631673&amp;u=https%3A%2F%2Fnews.cision.com%2Fautoliv%2Fr%2Ffinancial-report-january---march-2025%2Cc4136887&amp;a=https%3A%2F%2Fnews.cision.com%2Fautoliv%2Fr%2Ffinancial-report-january---march-2025%2Cc4136887\" target=\"_blank\" rel=\"nofollow\">https:\/\/news.cision.com\/autoliv\/r\/financial-report-january&#8212;march-2025,c4136887<\/a><\/p>\n<p>The following files are available for download:<\/p>\n<div>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\">\n<tbody>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4406815-1&amp;h=966863802&amp;u=https%3A%2F%2Fmb.cision.com%2FMain%2F751%2F4136887%2F3394457.pdf&amp;a=https%3A%2F%2Fmb.cision.com%2FMain%2F751%2F4136887%2F3394457.pdf\" target=\"_blank\" class=\"prnews_a\" rel=\"nofollow\">https:\/\/mb.cision.com\/Main\/751\/4136887\/3394457.pdf<\/a><\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">The full report (PDF)<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">STOCKHOLM<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">April 16, 2025<\/span><\/span> \/PRNewswire\/ &#8212; (NYSE: ALV) (SSE: ALIV.sdb)<\/p>\n<p><b>Q1 2025: Good sales and execution of cost reduction programs<\/b><\/p>\n<p><b>Financial highlights Q1 2025<\/b><\/p>\n<p><b><span class=\"xn-money\">$2,578 million<\/span><\/b>\u00a0net sales\u00a0<br \/><b>1.4%<\/b> net sales decrease<br \/><b>2.2%<\/b> organic sales growth*<br \/><b>9.9%<\/b> operating margin<br \/><b>9.9%<\/b> adjusted operating margin*<br \/><b><span class=\"xn-money\">$2.14<\/span><\/b> diluted EPS, 41% increase<br \/><b><span class=\"xn-money\">$2.15<\/span><\/b> adjusted diluted EPS*, 37% increase<\/p>\n<p><b>Full year 2025 guidance<\/b><\/p>\n<p><b>Around 2%<\/b>\u00a0organic sales growth<br \/><b>Around 3% negative<\/b> FX effect on net sales<br \/><b>Around 10-10.5%<\/b> adjusted operating margin<br \/><b>Around <span class=\"xn-money\">$1.2 billion<\/span><\/b> operating cash flow<\/p>\n<p><i><b>All change figures in this release compare to the same period of the previous year except when stated otherwise.<\/b><\/i><\/p>\n<p>Key business developments in the first quarter of 2025<\/p>\n<ul type=\"disc\">\n<li><b>First quarter sales increased organically* by 2.2%<\/b>, which was 2.6pp higher than the global LVP decrease of 0.4% (S&amp;P Global <span class=\"xn-chron\">March 2025<\/span>). A strong LVP in March resulted in a stronger than expected global LVP in the quarter. Regional and customer LVP mix is estimated to have contributed to about 3pp underperformance. Compared to March S&amp;P Global LVP data, we outperformed <span class=\"xn-location\">Europe<\/span>, Americas and in <span class=\"xn-location\">Asia<\/span> excl. <span class=\"xn-location\">China<\/span>, mainly due to product launches and positive pricing. Our sales to domestic Chinese OEMs grew by 19%, in line with their LVP growth. As lower content vehicles in <span class=\"xn-location\">China<\/span> outgrew higher content vehicles, we underperformed in <span class=\"xn-location\">China<\/span> overall. We expect that our record number of new launches will significantly improve our relative sales performance in <span class=\"xn-location\">China<\/span> in 2025.<\/li>\n<li><b>Profitability improved,\u00a0<\/b>mainly due to organic sales growth and successful execution of cost reductions. Total headcount decreased by 6%. Impacts from the U.S. tariffs and counter tariffs in Q1 had a negligible impact on operating profit in the quarter as we managed to pass on the costs of tariff increases to our customers. Operating income was <span class=\"xn-money\">$254 million<\/span> and adjusted operating income* was <span class=\"xn-money\">$255 million<\/span>. Operating margin and adjusted operating margin* were both 9.9%.ROCE and adjusted ROCE* were both 25.6%.<\/li>\n<li><b>Free operating cash flow* was in line with last year,<\/b>\u00a0despite that operating cash flow was slightly lower than last year. A larger working capital build up reflecting higher sales at the end of the quarter was offset by lower capex, net. The leverage ratio* of 1.3x is within our target range. In the quarter, a dividend of <span class=\"xn-money\">$0.70<\/span> per share was paid and 0.5 million shares were repurchased and retired.<\/li>\n<\/ul>\n<p><i><b>*For non-U.S. GAAP measures see enclosed reconciliation tables.<\/b><\/i><\/p>\n<p><b>Key Figures<\/b><\/p>\n<div>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\" class=\"prnbcc\">\n<tbody>\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>(Dollars in millions, except per share data)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>Q1 2025<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>Q1 2024<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>Change<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Net sales<\/span><\/p>\n<\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">$2,578<\/span><\/p>\n<\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">$2,615<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">(1.4)\u00a0%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Operating income<\/span><\/p>\n<\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">254<\/span><\/p>\n<\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">194<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">31\u00a0%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Adjusted operating income<sup>1)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">255<\/span><\/p>\n<\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">199<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">28\u00a0%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Operating margin<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">9.9\u00a0%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">7.4\u00a0%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">2.4pp<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Adjusted operating margin<sup>1)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">9.9\u00a0%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">7.6\u00a0%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">2.3pp<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Earnings per share &#8211; diluted<\/span><\/p>\n<\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">2.14<\/span><\/p>\n<\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">1.52<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">41\u00a0%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Adjusted earnings per share &#8211; diluted<sup>1)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">2.15<\/span><\/p>\n<\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">1.58<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">37\u00a0%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Operating cash flow<\/span><\/p>\n<\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">77<\/span><\/p>\n<\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">122<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">(37)\u00a0%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Return on capital employed<sup>2)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">25.6\u00a0%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">19.7\u00a0%<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">5.9pp<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Adjusted return on capital employed<sup>1,2)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">25.6\u00a0%<\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">20.2\u00a0%<\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">5.4pp<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"4\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">1) Excluding effects from capacity alignments and antitrust related matters. Non-U.S. GAAP measure, see reconciliation table.<br \/>2) Annualized operating income and income from equity method investments, relative to average capital employed.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p><b>Comments from <span class=\"xn-person\">Mikael Bratt<\/span>, President &amp; CEO<\/b><\/p>\n<p>&#8220;I am pleased that we delivered good sales and profitability in the first quarter. Thanks to our adaptability and resilience, driven by our diverse product portfolio and strong customer relationships, we successfully navigated through the first month of North American tariffs. It is encouraging that we, based on LVP data from March, outperformed global LVP despite continued significant headwinds from LVP mix shifts, particularly in <span class=\"xn-location\">China<\/span>. Based on a record high number of new launches we look forward to a significantly improved sales performance in <span class=\"xn-location\">China<\/span> in 2025.\u00a0<\/p>\n<p>Our strong profitability improvement was a result of well executed operational and commercial efforts. Our structural cost reduction program continued to generate indirect work force reductions, and direct headcount was also reduced significantly although sales grew organically. Results were also supported by reaching Q1 customer compensation agreements for increased costs related to inflation and tariffs. Our continued repurchase of shares also supported a record first quarter EPS.\u00a0<\/p>\n<p>After the slow end to 2024, OEM sourcing of safety products for future car models picked up in the first quarter, despite the geopolitical uncertainty.<\/p>\n<p>Our navigation of the new tariff environment in the first quarter gives us confidence that it is possible to continue on that course when facing increasing or changing tariffs, although there is significant uncertainty. We continue to closely monitor and evaluate the situation, focusing on being adaptive and agile, and we consider our regionalized footprint to be a valuable source for flexibility in a challenging geopolitical environment.<\/p>\n<p>The current geopolitical and business environment uncertainties makes it difficult to predict 2025. However, based on the strong first quarter performance and encouraging near term call-off indications, we reiterate our 2025 guidance of an organic sales growth of around 2% and an adjusted operating margin of around 10-10.5%.<\/p>\n<p>Our strong balance sheet and cash conversion set a solid foundation for our commitment to high shareholder returns. I am looking forward to our Capital Markets Day, on <span class=\"xn-chron\">June 4, 2025<\/span>.<\/p>\n<p><b>Next Report<\/b><\/p>\n<p>Autoliv intends to publish the quarterly earnings report for the second quarter of 2025 on <span class=\"xn-chron\">Friday, July 18, 2025<\/span>.<\/p>\n<p><b>Inquiries: Investors and Analysts<\/b><\/p>\n<p><span class=\"xn-person\">Anders Trapp<\/span><br \/>Vice President Investor Relations<br \/>Tel +46 (0)8 5872 0671<\/p>\n<p><span class=\"xn-person\">Henrik Kaar<\/span><br \/>Director Investor Relations<br \/>Tel +46 (0)8 5872 0614<\/p>\n<p><b>Inquiries: Media<\/b><\/p>\n<p><span class=\"xn-person\">Gabriella Etemad<\/span><br \/>Senior Vice President Communications<br \/>Tel +46 (0)70 612 6424<\/p>\n<p>Autoliv, Inc. is obliged to make this information public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the VP of Investor Relations set out above, at 12.00 CET on <span class=\"xn-chron\">April 16, 2025<\/span>.<\/p>\n<p>This information was brought to you by Cision <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4406815-1&amp;h=1020974559&amp;u=http%3A%2F%2Fnews.cision.com%2F&amp;a=http%3A%2F%2Fnews.cision.com\" target=\"_blank\" rel=\"nofollow\">http:\/\/news.cision.com<\/a><\/p>\n<p><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4406815-1&amp;h=1076631673&amp;u=https%3A%2F%2Fnews.cision.com%2Fautoliv%2Fr%2Ffinancial-report-january---march-2025%2Cc4136887&amp;a=https%3A%2F%2Fnews.cision.com%2Fautoliv%2Fr%2Ffinancial-report-january---march-2025%2Cc4136887\" target=\"_blank\" rel=\"nofollow\">https:\/\/news.cision.com\/autoliv\/r\/financial-report-january&#8212;march-2025,c4136887<\/a><\/p>\n<p>The following files are available for download:<\/p>\n<div>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\">\n<tbody>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4406815-1&amp;h=966863802&amp;u=https%3A%2F%2Fmb.cision.com%2FMain%2F751%2F4136887%2F3394457.pdf&amp;a=https%3A%2F%2Fmb.cision.com%2FMain%2F751%2F4136887%2F3394457.pdf\" target=\"_blank\" class=\"prnews_a\" rel=\"nofollow\">https:\/\/mb.cision.com\/Main\/751\/4136887\/3394457.pdf<\/a><\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">The full report (PDF)<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>\u00a0<\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-21475","post","type-post","status-publish","format-standard","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/21475","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21475"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/21475\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}