AUTOLIV INC SEC 10-Q Report

Autoliv Inc., a global leader in automotive safety systems, has released its Form 10-Q report for the third quarter, showcasing robust financial and operational performance. The company, known for its innovative airbag, seatbelt, and steering wheel products, has demonstrated significant growth and efficiency improvements, driven by organic sales growth and strategic cost reductions.

Financial Highlights

Net Sales: $2,714 million, a 4.2% increase from the previous year, driven by organic sales growth and tariff compensations.

Gross Profit: $501 million, representing an 18.5% gross margin, up 0.3 percentage points from the prior year due to improved operational efficiency.

Operating Income: $247 million, a 20.1% increase from the previous year, with an operating margin of 9.1%, reflecting successful cost reductions.

Net Income: $168 million, a 20.7% increase from the previous year, supported by higher operating income and efficiency improvements.

Diluted EPS: $2.16, a 27% increase from the previous year, benefiting from higher operating income and a reduced number of outstanding shares.

Business Highlights

Revenue Segments: Sales for Airbags, Steering Wheels, and Other products grew organically by 3.1% in the quarter, driven by inflatable curtains, side airbags, and steering wheels. Seatbelt Products and Other saw a 4.0% organic growth, with increases in all regions, led by strong growth in the Americas.

Geographical Performance: The company outperformed in the Americas, Europe, and Asia excluding China, with organic sales growth of 4.1%, 3.3%, and 3.8% respectively. In China, sales underperformed the local vehicle production growth due to a shift towards domestic OEMs with lower safety content.

Sales Units: The company reported a decrease in total headcount by 5%, which contributed to improved operational efficiency and cost reductions.

New Product Launches: The company highlighted a record number of new product launches, which are expected to significantly improve sales performance in China in the second half of 2025.

Future Outlook: The company expects a significantly improved sales performance versus local vehicle production in China in the second half of 2025, driven by new product launches and strong order intake with domestic OEMs.

SEC Filing: AUTOLIV INC [ ALV ] - 10-Q - Jul. 18, 2025