Autoliv ( (ALV) ) has released its Q4 earnings. Here is a breakdown of the information Autoliv presented to its investors.
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Autoliv, a leading automotive safety supplier, specializes in the design and manufacturing of airbags, seatbelts, and steering wheels, serving major car manufacturers worldwide. In the fourth quarter of 2024, Autoliv reported a record operating profit and margin, despite a decrease in net sales by 4.9% compared to the previous year. The company’s operating margin reached a new high of 13.5%, and diluted earnings per share increased by 14% to $3.10. Autoliv’s organic sales growth was challenged by regional and customer light vehicle production (LVP) mix, particularly in China and the Americas, but the company saw strong order intake with domestic Chinese OEMs. Cost reductions and commercial recoveries significantly boosted profitability, with a record operating income of $353 million. Looking ahead, Autoliv anticipates organic sales growth of around 2% for 2025, despite expecting a slight decline in global LVP and continued geopolitical risks. The company remains focused on improving profitability and maintaining strong shareholder returns.