Overview
- Autoliv shares rose after Friday's earnings, with pre-market trading up about 12% to $124.86 on a sales beat and a reaffirmed outlook.
- The supplier reported net sales of $2.753 billion, up 6.8% year over year with 0.8% organic growth, outpacing a 3.4% drop in global light-vehicle production.
- Growth was driven by Asia as China outperformed local auto output and India rose 38% organically on higher safety content in new cars.
- Profit trends were mixed as gross profit rose 10% but the adjusted operating margin slipped to 8.9% from 9.9%, with management also raising its raw‑material cost headwind estimate to $90 million.
- Management kept 2026 targets for flat organic sales, a 10.5%–11% adjusted margin, and about $1.2 billion in operating cash flow, and said the negative $76 million Q1 operating cash flow reflected a working‑capital swing from strong March shipments that should reverse later this year.