Business
Autoliv: Financial Report January - March 2025
(NYSE: ALV) (SSE: ALIV.sdb)
About this update from Autoliv, Inc.
[{"type":"text","content":"STOCKHOLM, April 16, 2025 /PRNewswire/ -- (NYSE: ALV) (SSE: ALIV.sdb)","length":69,"tagName":"p"},{"type":"text","content":"Q1 2025: Good sales and execution of cost reduction programs","length":60,"tagName":"p"},{"type":"text","content":"Financial highlights Q1 2025","length":28,"tagName":"p"},{"type":"text","content":"$2,578 million net sales 1.4% net sales decrease2.2% organic sales growth*9.9% operating margin9.9% adjusted operating margin*$2.14 diluted EPS, 41% increase$2.15 adjusted diluted EPS*, 37% increase","length":214,"tagName":"p"},{"type":"text","content":"Full year 2025 guidance","length":23,"tagName":"p"},{"type":"text","content":"Around 2% organic sales growthAround 3% negative FX effect on net salesAround 10-10.5% adjusted operating marginAround $1.2 billion operating cash flow","length":159,"tagName":"p"},{"type":"text","content":"All change figures in this release compare to the same period of the previous year except when stated otherwise.","length":112,"tagName":"p"},{"type":"text","content":"Key business developments in the first quarter of 2025","length":54,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"First quarter sales increased organically* by 2.2%, which was 2.6pp higher than the global LVP decrease of 0.4% (S&P Global March 2025). 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&P Global LVP data, we outperformed Europe, Americas and in Asia excl. China, 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 China outgrew higher content vehicles, we underperformed in China overall. We expect that our record number of new launches will significantly improve our relative sales performance in China in 2025.","length":782,"tagName":"p"}]},{"val":[{"type":"text","content":"Profitability improved, 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. Operati...