Autoliv, Inc. · NYSE:ALV
Autoliv — Q4 2023 Earnings Presentation
18 slides from Autoliv's earnings presentation, Jan 26, 2024
Slide 1: More Lives Saved — More Life Lived
More Lives Saved — More Life Lived
Slide 2: Q4 2023: Record sales and strong profitability
Financial Report October - December 2023 (Dollars in millions, except per share data) Q4 2023 Q4 2022 Change FY 2023 FY 2022 Change Operating income 237 230 3.1% 690 659 4.7% Operating margin 8.6% 9.8% (1.2)pp 6.6% 7.5% (0.9)pp Earnings per share 2) 2.71 1.80 51% 5.72 4.85 18% Operating cash flow $4
Slide 3: Sales by region (USD Bn)
USD Bn 11 10 Oo rRPRN Ww FU DN WO OO China Americas Europe’ Asia,ex China _Autoliv MFY'19 M@FY'20 M@FY'21 MFY'22 FY'23
Slide 4: Capex and D&A; Operating and adjusted operating cash flow
Capex and D&A Operating and adjusted operating Cash Flow
Slide 5: Capex and D&A (USD M)
USD M 500 450 400 350 300 250 200 150 FY'19 FY'20 FY'21 FY'22 FY'23 7% 6% 5% 4% 3% 2% 1% O% Of sales ME Capex, net —— Capex, net % of sales —— D&A % of sales
Slide 6: Return on Capital Employed; Cash Conversion
Return on Capital Employed Cash Conversion
Slide 7: Return on Capital Employed
25.0% 20.0% 15.0% 10.0% 5.0% 0.0% FY'19 FY'20 FY'21 FY'22 FY'23 @ Return on Capital Employed
Slide 8: Consolidated sales Q4 and full year
Financial Report October - December 2023 Consolidated sales Fourth quarter Reported change Currency Organic (Dollars in millions) 2023 2022 (U.S. GAAP) effects 1) change* Seatbelt Products and Other 2) 887 754 18% 2.7% 15% Whereof: China 617 536 15% (1.5)% 17% Americas 861 742 16% 3.4% 13% Total $2,
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Slide 18: 2023 sustainability agenda results
In 2023, our sustainability agenda continued to yield results. Highlighting our core business of Saving More Lives, we are pioneering the emerging area of equity in vehicle safety by broadening test models to include more body shapes and parameters such as age and gender. Within health and safety ,