Key Points – Autoliv posted a record second quarter for sales and adjusted operating income, with net sales up 3% to $2.8 billion and adjusted operating margin improving to 9.6%.
Adjusted diluted EPS rose to $2.43, and the company also generated stronger cash flow. – Asia drove the company’s outperformance, especially China and India, where Autoliv beat local light vehicle production by wide margins
The company also signed strategic cooperation agreements with Great Wall Motor and XPENG to deepen ties with Chinese automakers. – Autoliv kept its full-year guidance unchanged despite softer vehicle production expectations and a $110 million raw material headwind. It still expects roughly flat organic sales, adjusted operating margin of 10.5% to 11%, and about $1.2 billion in operating cash flow. – Smart Money Is Buying Auto Suppliers, Not Car Brands Autoliv (NYSE:ALV) reported what executives described as a record second quarter for sales and adjusted operating income, while maintaining its full-year outlook despite weaker global vehicle production expectations, raw material headwinds and geopolitical uncertainty. President and Chief Executive Officer Mikael Bratt said the automotive safety supplier delivered “a record second quarter, both for sales and adjusted operating income,” citing strong customer partnerships, cost efficiency efforts and growth in Asia.
He said the company navigated tariffs, supply chain disruptions and raw material volatility during the quarter. – 3 Stocks With Major Buyback Power: AI & Auto in Focus Chief Financial Officer Monika Grama said second-quarter net sales were $2.8 billion, up 3% from the prior-year period. Adjusted operating income rose to $270 million from $251 million, and adjusted operating margin increased to 9.6% from 9.3%. Adjusted diluted earnings per share rose by $0.23 to $2.43, helped by higher operating income and a lower diluted share count, partly offset by higher taxes.