Autoliv Inc. Reports Strong Q3 Performance with 31% EPS Surge
Autoliv Inc. (NYSE: ALV) delivered a robust third-quarter performance, marked by a 31% year-over-year increase in diluted earnings per share (EPS) to $2.28. Operating cash FLOW surged 46%, reflecting the company's operational efficiency and market momentum.
Net sales reached $2.71 billion, a 5.9% rise from the previous year, with organic sales growing 3.9%. Despite slight underperformance against global LVP growth, Autoliv's cost-cutting measures and strategic pricing mitigated tariff impacts, limiting negative effects to just 20 basis points.
The Americas drove significant sales growth, while India and China emerged as key expansion markets. Autoliv's R&D investments and joint ventures in China aim to advance safety technology, positioning the company for sustained growth.
Share buybacks and dividend hikes underscore management's confidence in future prospects, even as the stock closed at $117.97, down 2.62% for the day.