Welcome to our dedicated page for Autoliv news (Ticker: ALV), a resource for investors and traders seeking the latest updates and insights on Autoliv stock.
Autoliv Inc. (ALV) is the world's largest automotive safety systems manufacturer, holding a dominant 37% share of the global passive safety market. The company's news coverage centers on quarterly earnings reports that reveal trends in global automotive production volumes, which directly impact Autoliv's revenue given its role as a tier-one supplier to virtually all major automotive manufacturers worldwide.
News for Autoliv typically encompasses quarterly financial reports detailing performance across its passive safety and active safety divisions, contract announcements for new vehicle platform awards, technological developments in areas like advanced driver assistance systems and sensor technology, and manufacturing updates related to its 80+ facilities across 28 countries. Investors also monitor Autoliv for insights into broader automotive industry health, as the company's production volumes correlate closely with global light vehicle production trends.
Given Autoliv's position at the intersection of automotive manufacturing and emerging autonomous vehicle technology, news coverage often touches on the company's investments in active safety systems including radar, camera vision, and LiDAR technologies. These developments matter to investors tracking the transition from traditional passive safety equipment toward sensor-rich systems that enable autonomous driving features. The company's extensive testing infrastructure with more than 20 test tracks provides a competitive advantage that frequently features in strategic announcements.
Track Autoliv's earnings calls to understand how automotive production cycles affect the company's results across different geographic regions. Monitor contract wins that secure revenue for upcoming vehicle platforms. Follow technological announcements that position Autoliv in the evolving automotive safety landscape as vehicles incorporate more sophisticated crash avoidance and occupant protection systems.
On January 31, 2023, Autoliv, Inc. (NYSE: ALV) announced a reduction in its total issued shares following the retirement of 10,000,000 treasury shares. The total number of outstanding shares is now 86,187,746, while the total issued and outstanding shares are 91,167,783. This action had no effect on the voting rights or ownership percentage, as treasury shares do not hold voting rights. Autoliv continues to retain 4,980,037 shares in treasury. The disclosure complies with the Swedish Financial Instruments Trading Act.
Autoliv (NYSE: ALV) reported strong financial results for Q4 2022, with $2,335 million in net sales, a 10% increase year-over-year, and 18% organic sales growth. The company achieved an EPS of $1.80, marking a 38% increase. For FY 2023, Autoliv anticipates around 15% organic sales growth with an adjusted operating margin of 8.5-9%. Notable developments included a significant operating cash flow improvement to $462 million and a 2.7% dividend increase to $0.66. Despite inflationary pressures, the management remains optimistic about long-term profitability and market leadership.
On January 27, 2023, Autoliv Inc. will release its Q4 2022 Financial Report at 12:00 CET. This report will be accessible on their website. A teleconference is scheduled for the same day from 14:00 to 15:00 CET, hosted by President & CEO Mikael Bratt. Participants can register for the webcast and conference call through provided links. An audio replay and transcript will be available on their investor relations page until February 27, 2023. Further details can be found at www.autoliv.com.
Autoliv, the leader in automotive safety systems, announced the appointment of Jonas Jademyr as the new Executive Vice President for Quality & Program Management, effective January 15, 2023. Jademyr, currently Vice President Group Program Management, succeeds Svante Mogefors, who retires after over 30 years at Autoliv. The CEO, Mikael Bratt, expressed high expectations for Jademyr's leadership, emphasizing the importance of quality in their life-saving products. Mogefors will assist in the transition as a Senior Advisor until mid-2023.
Autoliv (NYSE: ALV) has joined the Advisory Board of the United Nations Road Safety Fund, aimed at providing strategic direction to enhance global road safety. President and CEO Mikael Bratt will represent the company, contributing its expertise to tackle traffic safety challenges globally. Autoliv's involvement aligns with its vision of saving lives, supporting the UN's Sustainable Development Goal of reducing road traffic deaths. The first Advisory Board meeting was held on December 1, 2022, focusing on boosting awareness and partnerships for road safety.
On November 8, 2022, Autoliv, Inc. (NYSE: ALV) announced a 3% increase in its quarterly dividend to 66 cents per share, up from 64 cents. This reflects the company's commitment to enhancing shareholder value, with the new dividend payable on December 9, 2022, to shareholders of record by November 22, 2022. The increase marks the second consecutive annual rise since the dividend was reinstated in Q2 2021, supported by Autoliv's strong balance sheet and cash flow. The ex-dividend date is set for November 21, 2022.
Autoliv, Inc. (NYSE: ALV) is pioneering motorcycle safety with innovative products, including the world's first motorcycle helmet featuring an integrated airbag. In collaboration with AIROH, these advancements aim to reduce injuries for riders. The offerings will be revealed at the EICMA trade fair in Milan, Italy, from November 8-13, 2022. Autoliv's holistic approach combines advanced airbag technology for both riders and vehicles, significantly lowering head, neck, and chest injury risks during collisions. This initiative underscores Autoliv's commitment to enhancing rider safety based on real-world data.
Autoliv China, part of Autoliv, Inc. (NYSE: ALV), has partnered with Geely Auto Group to develop advanced safety technologies for future vehicles. Announced on October 24, 2022, this strategic cooperation aims to accelerate the launch of 16 cutting-edge safety technologies, including intelligent steering and a 360° occupant safety system. Both companies emphasize their commitment to sustainability and innovation in a rapidly evolving automotive industry, with previous collaborations leading to significant safety advancements since 2002.
Autoliv reported strong Q3 2022 results, achieving $2,302 million in net sales, a 25% increase year-over-year. Organic sales rose 32%, outperforming global light vehicle production growth. Operating margin improved to 7.4%, with $1.21 EPS marking a 78% increase. Full-year indications suggest around 15% organic sales growth despite a 6% negative FX impact. Improved operating cash flow of $232 million and a leverage ratio of 1.6x highlight a strong financial position.
Autoliv (NYSE: ALV) announced its adaptation to new business conditions amid inflation and supply chain disruptions. The company has begun seeing results from price increase negotiations with customers designed to offset inflation. Although global light vehicle production (LVP) has been impacted by supply issues and COVID-19 restrictions in China, projections indicate a potential recovery in the second half of 2022, driving overall LVP growth to around 5% for the year. Autoliv reiterated its full-year sales growth expectations of 12-17% and an adjusted operating margin of 5.5%-7.0%.
FAQ
What is the current stock price of Autoliv (ALV)?
What is the market cap of Autoliv (ALV)?
