Autoliv Inc.

NYSE:ALV   4:00:00 PM EDT
-0.03 (-0.03%)
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Other Pre-Announcement

Autoliv Sees FY 2023 Adj Oper Margin At Around 8.5-9%

Published: 01/27/2023 11:16 GMT
Autoliv Inc. (ALV) - Our FY 2023 Indication is an Organic Sales Growth of Around 15% and an Adjusted Operating Margin of Around 8.5-9%.
Sees Q1 2023 Adjusted Operating Margin at Around 5%.
We Believe Price Adjustments Will Offset Non-raw Material Cost Inflation, With Small Positive Effects in Q1 and Gradually Larger Positive Effects As Year Progresses.
We Expect an Increase in Overall Product Launches in 2023.
We Remain Confident in Our Ability to Reach Our Medium Term Adjusted Operating Margin Target of Around 12%.
Q4 Dividend Paid Was Increased by 2.7% to $0.66 per Share.
Profitability Improved Significantly, Driven by Successful Execution of Price Increases, Cost Reductions and Volume Growth.
Through Aggressive Price Adjustments, Managed to Gradually Offset Raw Material Cost Inflation, Profitability Was Restored Towards End of Year.
Organic Sales Growth Outperformed Lvp Significantly in All Regions, Mainly Due to Price Increases and Product Launches.