Autoliv reports Q3 adjusted EPS $2.32, consensus $2.09

Reports Q3 revenue $2.7B, consensus $2.7B. Comments from Mikael Bratt, President & CEO: “I am pleased to, once again, report a record breaking quarter. This quarter is the best third quarter so far, for sales, operating income and EPS. The performance was driven by better than expected sales, especially in Americas and Europe, and successful actions to reduce costs and achieve tariff compensation. I am pleased that we had a solid outperformance with the domestic Chinese OEMs. The ramp-up of certain models started slower than expected, but improved gradually during the quarter. We expect increased outperformance in China in Q4.”