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Jun 30, 2021
Autoliv Q2 2021 Earnings Report
Net sales increased significantly, with strong organic sales growth and major profitability improvement.
Key Takeaways
Autoliv reported strong sales growth and outperformance vs. LVP in Q2 2021. Net sales reached $2,022 million with 85% organic sales growth. The adjusted operating margin improved to 8.2%, and EPS increased to $1.19.
Strong organic sales growth in all regions, except China.
Major profitability improvement, driven by the strong sales growth.
Improved cash flow and balance sheet.
Quarterly dividend of $0.62 was declared for Q2 2021.
Autoliv
Autoliv
Forward Guidance
Based on an assumption of 9-11% global LVP growth for the full year 2021, the company expects an organic sales growth of around 16-18%, and an adjusted operating margin of around 9-9.5%.