Overview
Sweden-based auto safety supplier's Q1 net sales rose 6.8% yr/yr, organic sales up 0.8%
Adjusted EPS for Q1 fell 4.7% yr/yr, diluted EPS down 12%
Company cites strong growth in Asia, especially India and China, offset by lower Americas sales
Outlook
Autoliv sees 2026 organic sales growth around 0%
Company expects 2026 adjusted operating margin of 10.5-11%
Autoliv plans $300-500 mln in share repurchases in 2026
Result Drivers
ASIA GROWTH - Strong organic sales growth in Asia, led by India and China, driven by increased safety content per vehicle and improved presence with Chinese OEMs
COST REDUCTIONS - Profitability supported by successful execution of cost reductions and positive FX effects
TEMPORARY FACTORS - Operating income impacted by adverse FX translation, temporary lower R,D&E reimbursements, and absence of one-time income from Q1 last year
Company press release: ID:nWkrL9z4p
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
$2.75 bln
Q1 Adjusted EPS
$2.05
Q1 EPS
$1.88
Q1 Adjusted EBIT
$245 mln
Q1 Adjusted EBIT Margin
8.90%
Q1 EBIT
$237 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"
Wall Street's median 12-month price target for Autoliv Inc is $134.00, about 20.4% above its April 16 closing price of $111.33
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 11 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)