Recent Updates — ALV

Autoliv reported third-quarter net sales of $2,693 million, a 0.5% decrease from the prior year, driven by a 1.1% organic sales decline that outperformed global light vehicle production trends in Asia and China. Diluted earnings per share fell 6.8% to $2.13, while adjusted operating margin stood at 9.7%. The company raised its full-year 2026 adjusted operating margin expectation to around 10.5%, citing strong performance in India and with Chinese OEMs, despite headwinds from raw material costs and logistics. Autoliv also announced $150 million in share repurchases and a $0.87 per share dividend payment during the quarter. The company operates as a leading global supplier of automotive safety systems.

Autoliv reported Q2 2026 net sales of $2,803 million, a 3.3% increase, with a 1.0% organic sales growth. Diluted EPS decreased 38% to $1.35, while adjusted operating margin was 9.6%. The company announced it will discontinue manufacturing operations in Türkiye, expecting total restructuring charges of $142 million and annual pre-tax savings of $40 million starting in 2027. A quarterly dividend of $0.87 per share was paid in the quarter. Autoliv is an automotive safety company that develops and manufactures airbags, steering wheels, and seatbelts.

Kevin Fox, President of Autoliv Americas, notified the company of his intent to resign, with his current role ending August 31, 2026, followed by a transition to an executive senior advisor role through February 28, 2027. Anthony Nellis, EVP Legal Affairs, General Counsel, and Secretary, will serve as acting President, Autoliv Americas, starting September 1, 2026, with a 30% base salary increase during his interim period. Autoliv, Inc. is a provider of automotive safety systems and automotive safety technology.