Autoliv, Inc. (ALV) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.520 Welcome everyone to our second quarter 2025 earnings call. 00:00:04.520 -- 00:00:09.711 On this call, we have our president and chief executive officer, Mika Bratt, our chief 00:00:09.711 -- 00:00:15.002 financial officer, Fredrik Westin, and me, Anders Schaap, VP Investor Relations. 00:00:15.002 -- 00:00:19.571 During today's earnings call, we will cover several key topics, including our record 00:00:19.571 -- 00:00:24.603 sales and earnings for the second quarter, an update on the market development and tariffs 00:00:24.603 -- 00:00:29.470 that are affecting the automotive industry, as well as how our strong balance sheet and 00:00:29.470 -- 00:00:34.597 asset returns provide financial resilience and the support for a continued 00:00:34.597 -- 00:00:37.060 high level of shareholder returns. 00:00:37.060 -- 00:00:40.485 Following the presentation, we will be available to answer your questions. 00:00:40.485 -- 00:00:44.728 As usual, the slides are available on autolib.com. 00:00:45.271 -- 00:00:48.015 Turning to the next slide, 00:00:48.015 -- 00:00:52.394 we have the Safe Harbor Statement, which is an integrated part of this presentation. 00:00:52.394 -- 00:00:55.478 and includes the Q&A that follows. 00:00:55.478 -- 00:01:00.406 During the presentation, we will reference non-US GAAP measures. 00:01:00.406 -- 00:01:05.192 The reconciliations of historical US GAAP to non-US GAAP measures are disclosed in our 00:01:05.192 -- 00:01:10.640 quarterly earnings release available on autoliv.com and in the TEMQ 00:01:10.640 -- 00:01:15.688 that will be filed with the SEC. Lastly, I should mention that this call is intended 00:01:15.688 -- 00:01:20.374 to conclude at 3 p.m. Central European Time, so please follow the limit of two questions ...