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Autoliv, Inc. (NYSE: ALV; Nasdaq Stockholm: ALIV.sdb) is the global leader in automotive safety systems. The company develops, manufactures, and markets protective systems including airbags, seatbelts, steering wheels, and mobility safety solutions for all major automotive manufacturers worldwide. With a commitment to Saving More Lives, Autoliv's products saved 35,000 lives and reduced over 450,000 injuries in 2023 alone.
Autoliv operates over 80 facilities and employs close to 70,000 individuals across 25 countries. The company's 14 technical centers and 20 test tracks drive innovation in safety solutions, maintaining their leading market share in both passive and active safety products.
Recent achievements include a strategic partnership with XPENG AEROHT to develop safety solutions for flying cars, continued strong financial performance with record sales in Q1 2024, and ongoing share repurchase programs enhancing shareholder value. In 2023, Autoliv reported $10.5 billion in sales, reflecting robust growth and market leadership.
Key customers include the Renault-Nissan-Mitsubishi alliance, Stellantis, and Volkswagen, with significant revenue contributions from the Americas, Europe, and China. Autoliv's focus on quality and innovation ensures its products meet the highest standards, supporting the company's vision and driving future growth.
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Autoliv, Inc. (ALV) has filed its 2023 Annual Report on Form 10-K and annual sustainability report with the SEC and Swedish Financial Supervisory Authority. Shareholders can access the reports online and request hard copies for free. Contact details for inquiries are provided.
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Autoliv, Inc. declares a quarterly dividend of 68 cents for the first quarter of 2024. The dividend will be payable on March 27, 2024, for holders of Autoliv common stock on the NYSE and on March 28, 2024, for holders of Autoliv Swedish Depository Receipts on Nasdaq Stockholm.
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Autoliv (ALV) reported record sales and strong profitability in Q4 2023, with a 18% increase in net sales and 16% organic sales growth. The company's operating margin was 8.6% and adjusted operating margin was 12.1%, with a 51% increase in EPS and 105% increase in adjusted EPS. The full year 2024 guidance includes around 5% organic sales growth, 10.5% adjusted operating margin, and around $1.2 billion operating cash flow. Despite outperforming in all regions except China, the company faced challenges in the Chinese market due to lower safety content for global OEMs. The company also saw improvements in operating cash flow and leverage ratio, with a dividend increase of 3% and $207 million returned to shareholders as dividends and share repurchases. The company's CEO indicated that 2023 performance exceeded expectations, with strong order intake and improved gross margin. The company's sustainability agenda also yielded positive results in GHG emissions, renewable electricity use, and incident rate. The company expects a seasonality pattern in 2024, with an expected Q1 adjusted operating margin of around 7% and gradual quarterly improvements leading to a full year 2024 adjusted operating margin of around 10.5%.
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Autoliv, Inc. announces upcoming changes to its Swedish Depository Receipts (SDRs) following Euroclear Sweden's termination of its agreement to act as Withholding Agent. The SDRs will receive a new ISIN code as of February 29, 2024, with updated terms and conditions. Skandinaviska Enskilda Banken (SEB) will assume the role as Withholding Agent. The record date for the ISIN change is February 29, 2024, and the last day of trading for the current ISIN code is February 27, 2024.
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Autoliv, Inc. (NYSE: ALV) and (SSE: ALIV.sdb) announced the retirement of 1,511,933 shares of common stock, resulting in a decrease in the issued shares. The total number of issued shares of common stock is 87,496,531, with 82,642,524 shares outstanding. Autoliv now holds 4,854,007 shares of common stock in treasury with no voting rights or rights to participate in distributions under Delaware law.
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Autoliv Inc. (ALV) to Release Q4 2023 Financial Report on January 26, 2024
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Autoliv, Inc. (NYSE: ALV) (SSE: ALIV.sdb) announced a 3% increase in its quarterly dividend to 68 cents per share, from 66 cents, for Q4 2023. This marks the third consecutive annual 3% increase since the dividend was reinstated in Q2 2021, reflecting the company's commitment to creating competitive shareholder value through its purpose-led strategy and positive cash flow trend.
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Autoliv, Inc. announces its intention to reduce headcount in France as part of its global headcount reduction and optimization initiatives. The company aims to adapt and simplify its logistics and geographic footprint to strengthen its competitive position. This action is in response to a lower level of light vehicle production in post-pandemic Europe.
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Autoliv reports strong Q3 2023 results with a 13% increase in net sales and significant improvement in profitability.
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Autoliv announces reduction in global headcount
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FAQ
What is the current stock price of Autoliv (ALV)?
The current stock price of Autoliv (ALV) is $96.66 as of January 31, 2025.
What is the market cap of Autoliv (ALV)?
The market cap of Autoliv (ALV) is approximately 7.6B.
What does Autoliv, Inc. specialize in?
Autoliv, Inc. specializes in automotive safety systems, including airbags, seatbelts, steering wheels, and advanced safety solutions for major automotive manufacturers worldwide.
How many employees does Autoliv have?
Autoliv employs close to 70,000 individuals across 25 countries.
What are Autoliv's recent financial highlights?
In Q1 2024, Autoliv reported record sales of $2,615 million, a 5% increase in net sales, and a 7.4% operating margin.
Who are Autoliv's major customers?
Major customers include the Renault-Nissan-Mitsubishi alliance, Stellantis, and Volkswagen.
What are some recent achievements of Autoliv?
Recent achievements include a partnership with XPENG AEROHT to develop flying car safety solutions and strong financial performance with record sales in Q1 2024.
What is Autoliv's market position in automotive safety?
Autoliv holds a global market share of approximately 37% in passive safety and 20-25% in active safety systems.
Where does Autoliv conduct its research and development?
Autoliv conducts research and development at its 14 technical centers and 20 test tracks worldwide.
What is Autoliv's vision?
Autoliv's vision is 'Saving More Lives' by developing innovative safety systems that protect vehicle occupants and pedestrians.
How does Autoliv ensure product quality?
Quality is at the heart of everything Autoliv does, supported by rigorous testing, state-of-the-art technical centers, and continuous innovation.
What strategic initiatives is Autoliv currently involved in?
Autoliv is involved in strategic initiatives such as partnering with XPENG AEROHT for flying car safety solutions and maintaining strong financial performance with ongoing cost reduction activities and shareholder returns.
Autoliv, Inc.