Autoliv, Inc. (ALV) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome everyone to our second quarter 2025 earnings call. On this call, we have our president and chief executive officer, Mika Bratt, our chief financial officer, Fredrik Westin, and me, Anders Schaap, VP Investor Relations. During today's earnings call, we will cover several key topics, including our record sales and earnings for the second quarter, an update on the market development and tariffs that are affecting the automotive industry, as well as how our strong balance sheet and asset returns provide financial resilience and the support for a continued high level of shareholder returns. Following the presentation, we will be available to answer your questions. As usual, the slides are available on autolib.com. Turning to the next slide, we have the Safe Harbor Statement, which is an integrated part of this presentation. and includes the Q&A that follows. During the presentation, we will reference non-US GAAP measures. The reconciliations of historical US GAAP to non-US GAAP measures are disclosed in our quarterly earnings release available on autoliv.com and in the TEMQ that will be filed with the SEC. Lastly, I should mention that this call is intended to conclude at 3 p.m. Central European Time, so please follow the limit of two questions per person. I now hand it over to our CEO, Mikael Bratt. Thank you, Anders. Looking on the next slide. I am proud to present a record second quarter, highlighting our company's resilience and strong market position. Fueled by strong customer relationships and our culture of continuous improvement. This achievement lays a solid foundation for the rest of the year. However, we remain cautious about the rest of the year as we navigate the complexities of tariffs and other challenging economic factors. It is encouraging that we...