Slide 1: Q4 Financial Earnings Teleconference
Exhibit 99.3 Teleconference th 4 Quarter Financial Earnings January 31, 2013 Driven for Life © Autoliv Inc., All Rights Reserved
Slide 2: Safe Harbor Statement
Safe Harbor Statement * This report contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (PSLRA). All such statements are based upon our current expectations and various assumptions, and app
Slide 3: Highlights
Highlights - Solid performance in a challenging environment Sales guidance met • organic sales growth 1.5% Margin* guidance slightly exceeded • EBIT margin 9.4% EPS* $1.58 • partly driven by lower tax rate and financial net Cash flow as expected • ~ $0.25B operating cash flow (*) Excludes legal cost
Slide 4: Mixed Market Conditions
Mixed Market Conditions - The tale of two cities 000’s Q1 Q2 Q3 Q4 FY 2008 4,141 4.178 3,250 2.749 14,318 2009 2,471 3,024 2,968 3,271 11,734 • LVP declining back to 2009 levels 2012 3,555 3.230 2,792 2,978 12,554 • CPV ~ $400 2013 3,076 3.069 2,642 3,060 11,847 000’s Q1 Q2 Q3 Q4 FY 2008 7,332 7694
Slide 5: Continued Strategy Execution
Continued Strategy Execution - In a challenging environment Record order intake Continued investments in technology and growth markets Capacity alignment progressing Strong balance sheet for; • growth opportunities • uncertain environment Capacity alignment activities while investing in growth marke
Slide 6: Euro NCAP Today
Euro NCAP Today - 2012 Best in Class 5 Star Models Renault Clio Fiat 500L Hyundai Santa Fe BMW 3-Series Ford Kuga Volvo V40 Ford B-Max Ford Transit ALV Q4’12 Financial Earnings Report - 6
Slide 7: Euro NCAP in the Future
Euro NCAP in the Future - Migration towards Active Safety 2014 • Active Safety weighting increases from 10% to 20% • Active Safety required to achieve 5 Star • Euro NCAP points of focus for Active Safety • Lane Departure Warning, Autonomous Braking • Intelligent Speed Assist (50% urban) 2017 • Activ
Slide 8: Investments for Growth: Active and Passive Safety Technologies
Investments for Growth - Active and Passive Safety Technologies ACTIVE PASSIVE SAFETY SAFETY RADAR SAFETY DOMAIN CONTROLLER PEDESTRIAN AIRBAG LRR Narrow Band Multi-Mode Brake Controls Integration with Airbag ECU NIGHT VISION Automatic Animal Detection KNEE AIRBAG Dynamic Spot Light Sensor Fusion NIR
Slide 9: Investments for Growth: Facility expansions
Investments for Growth - Facility expansions Sweden Russia Radar Seatbelt & Airbag Turkey Poland Airbags, Seatbelts, Steering Airbag Wheel, Component Manufacturing Romania U.S. China Steering Wheel Radar Jintan (propellant) India Changchun Webbing (seatbelts & airbags) Guangzhou Thailand (seatbelts
Slide 10: Cash Flow
Cash Flow - Investments for growth in CapEx and RD&E (US $ Mil’s unless specified) Q4 Q4 FY FY FY FY 2012 2011 2012 2011 2010 2009 Net Income 140 160 486 627 596 13 Depreciation & Amortization 69 70 273 268 282 314 Other, net (4) 1 10 38 57 (41) Change in operating WC 36 62 (80) (175) (11) 207 Opera
Slide 11: Dividend Trend
Dividend Trend - Per share and cash payments* 0.5 60 0.4 Dividend per share 40 0.3 0.2 20 0.1 Dividend Payments 0 0 1997 98 99 2000 01 02 03 04 05 06 07 08 09 2010 11 12 13 Annualized payment to shareholders ~ $190M based on $2.00 per share * Estimated dividend payment for Q1 2013 basedon sharecount
Slide 12: FY Financial Overview
FY Financial Overview - Record sales and dividend per share (US $ Mil’s unless specified) 2012 2011 Sales $8,267 $8,232 19.9% 21.0% Gross Profit $1,646 $1,728 EBIT * $803 9.7% $908 11.0% EPS * (assuming dilution) $5.82 $6.80 RoCE * 24% 28% RoE * 15% 20% Operating Cash flow $689 $758 DPS ** $1.89 $1.
Slide 13: Autoliv Production FY2012
Autoliv Production** - FY2012 Units in Millions (unless specified) 2012 Change vs.’11 Seatbelts 139.1 5% • Pretensioners (of which) [54.9] [3%] • Active Seatbelts (of which) 1.6 40% Frontal airbags 35.1 8% Knee airbags 2.5 89% Side airbags 72.0 7% • Chest (Thorax) 37.3 7% • Head (Curtain) 34.7 8% St
Slide 14: Major Platform Launches FY2013
Major Platform Launches - FY2013 Mercedes S-Class GMC Sierra Jeep Cherokee Acura MDX Toyota Highlander Citroën C4 Picasso BMW X5 Hyundai Genesis Peugeot 309 * Images may not reflect new model ALV Q4’12 Financial Earnings Report - 14
Slide 15: Looking Ahead: Q1 2013
Looking Ahead - Q1 2013 Sales • YoY organic sales decline ~ (4%) mainly related to the sharp LVP decline in WEU and Japan • Sequentially organic sales up slightly mainly related to Q4 launches EBIT* Margin ~ 8% • YoY change is mainly due to organic sales drop • Sequential change is mainly due to low
Slide 16: Early Indication: FY2013
Early Indication - FY2013 Sales • YoY organic sales growth + 1 to 3% strong growth in Active Safety & China favorable launch mix partially offset by lower LVP in WEU & Japan EBIT* Margin ~ 9% • YoY organic sales effect offset by higher RD&E and temporary margin effect from increasing vertical integr
Slide 17: Financial Outlook
Financial Outlook Q1 2013 FY2013 Sales Organic (4%) 1 to 3% Acquisitions / ~ (0.4%) ~ (0.2%) (Divestitures) Fx** ~ 0.1% ~ 1.1% Consolidated Sales ~ (4%) 2 to 4 % EBIT Margin * ~8% ~9% (*) Excludes legal costs & other charges related to the on-going anti-trust investigations and alignment costs (**)
Slide 18: Thank you!
Thank you! Autoliv - Safety Systems Active Autoliv Safety Every year, Autoliv’s products save over 25,000 lives Passive Safety ALV Q4’12 Financial Earnings Report - 18