Autoliv Inc Stock Price, News & Analysis

Autoliv, Inc. (NYSE: ALV) announced its upcoming Capital Markets Day on November 16, 2021, from 2:00 p.m. to 5:00 p.m. CET, which will be a virtual event. The meeting aims to showcase the company’s future products, sustainability roadmap, and opportunities in core and adjacent product areas. Stakeholders are encouraged to attend and participate in a live Q&A session. A press release will be published on the morning of the event, while a replay will be available for two years post-event on Autoliv's website.

Autoliv, Inc. (NYSE: ALV) has declared a quarterly dividend of 62 cents per share for Q3 2021. The payment date is set for September 24, 2021, with the record date on September 9, 2021 and the ex-date on September 8, 2021. As the leader in automotive safety systems, Autoliv's initiatives have contributed to saving over 33,000 lives in 2020. The company reported sales of $7,447 million in 2020, demonstrating its strong market presence and commitment to safety.

Autoliv, Inc. (NYSE: ALV) plans to build a new steering wheel manufacturing plant in Aguascalientes, Mexico, aiming to meet increasing customer demand. The facility will span 30,000 sqm and potentially create 3,000 jobs. Construction starts in June 2021, with operations expected by January 2022. This investment not only boosts capacity but also enhances manufacturing processes and supports digitalization efforts. Autoliv, a leader in automotive safety systems, produces over 20 million steering wheels annually, underscoring its vital role in vehicle safety.

Autoliv (NYSE: ALV) reported strong Q1 2021 results with $2,242 million in net sales, reflecting a 17.9% organic sales growth. The company achieved an operating margin of 10.6% and a remarkable 108% increase in EPS at $1.79. Full-year guidance includes around 20% organic sales growth. Key developments include improved operating income and cash flow, alongside a reduction in net debt, resulting in a leverage ratio of 1.4x. Despite challenges from rising raw material costs and supply chain issues, the company remains confident in its growth trajectory.

Autoliv plans to publish its Q1 2021 Financial Report on April 23, 2021, at 12:00 CET. The report will be accessible on www.autoliv.com. A teleconference featuring President & CEO Mikael Bratt will occur from 14:00 to 15:00 CET on the same day. Investors can join the Q&A session by phone or through a webcast. An audio replay will be available until May 24, 2021, alongside a transcript on the company’s investor relations page.

Autoliv, Inc. (NYSE: ALV) announced its nominees for the 2021 Annual Stockholders Meeting, introducing Martin Lundstedt, President and CEO of AB Volvo, as a new nominee for the Board of Directors. The Board has also confirmed that current members James Ringler and David Kepler will not stand for re-election, resulting in a Board reduction to eleven members. The virtual meeting is scheduled for May 12, 2021, with a record date of March 15, 2021, for stockholder voting. The company emphasizes its leadership in automotive safety systems, with a focus on saving lives through its products.

On January 26, 2021, Autoliv reported record Q4 2020 results with $2,517 million in net sales, reflecting a 12.7% organic growth. The operating margin stood at 12.2%, while adjusted EPS increased 21% to $2.15. For FY 2021, the company indicates around 25% net sales growth and 20% organic growth. Notably, operating cash flow reached a record $469 million. However, the outlook remains cautious due to expected lower light vehicle production and rising raw material costs.

Autoliv, Inc. (NYSE: ALV) has appointed Mr. Frédéric Lissalde as an independent member of its Board of Directors effective December 8, 2020. This addition expands the board from eleven to twelve members. Lissalde is President and CEO of BorgWarner Inc., bringing extensive industry experience. His appointment is seen as a significant enhancement to Autoliv's leadership at a critical time for the automotive sector. He will serve until the 2021 Annual General Meeting and join the Leadership Development and Compensation Committee.

Autoliv reported its Q3 2020 financial results, highlighting $2,037 million in net sales, a 0.4% organic sales growth, and an 8.6% operating margin. Earnings per share (EPS) increased to $1.12, up $0.14 from Q3 2019. Despite a projected 14.5% decline in net sales for the full year, organic sales outperformed global light vehicle production across all major regions. The adjusted operating margin reached 10.1%, with significant cash flow improvements reported. The company continues to optimize operations while navigating the impacts of COVID-19.