AUTOLIV INC SEC 10-Q Report

Autoliv Inc., a global leader in automotive safety systems, has released its Form 10-Q report for the third quarter, showcasing robust financial and operational performance. The company, known for its innovative airbag, seatbelt, and steering wheel products, has demonstrated significant growth across various metrics, driven by strong sales in key regions and strategic business initiatives.

Financial Highlights

• Net Sales: $2,706 million, reflecting a 5.9% increase compared to the same period last year, driven by better-than-expected sales in the Americas and Europe.
• Gross Profit: $522 million, representing a 13.7% increase from the prior year, with a gross margin improvement of 1.3 percentage points to 19.3%, attributed to higher sales and improved operational efficiency.
• Operating Income: $267 million, an 18.1% increase from the previous year, with an operating margin of 9.9%, supported by cost reductions and supplier compensations.
• Net Income: $175 million, a 26.4% increase year-over-year, benefiting from higher operating income and a lower effective tax rate.
• Diluted EPS: $2.28, a 31% increase from the prior year, driven by improved profitability and a reduction in the number of outstanding shares.

Business Highlights

• Revenue Segments: Sales for Airbags, Steering Wheels, and Other grew organically by 3.6% in the quarter, driven by increases in inflatable curtains, side airbags, driver airbags, and center airbags. Sales for Seatbelt Products and Other grew organically by 4.5%, with strong growth in Europe and the Americas.
• Geographical Performance: Organic sales increased by 3.9% globally, with notable outperformance in Asia excluding China and the Americas. In China, sales growth with domestic OEMs was about 8 percentage points higher than COEM LVP growth, despite underperformance relative to LVP growth.
• Sales Units: The company reported a record number of new launches, which are expected to support sales performance in China in the fourth quarter.
• New Product Launches: The company highlighted a record number of new product launches, particularly in China, which are anticipated to enhance sales performance in the upcoming quarter.
• New Production Launches: The company is investing in a second R&D Center in China to support growing business with Chinese OEMs and announced plans to form a joint venture with HSAE to develop advanced safety electronics.
• Future Outlook: The company expects increased outperformance in China in the fourth quarter, driven by new product launches and strategic partnerships. The company remains confident in achieving its full-year guidance of an adjusted operating margin of around 10-10.5%, expecting to come in at the midpoint of the range.

SEC Filing: AUTOLIV INC [ ALV ] - 10-Q - Oct. 17, 2025