Autoliv misses Q3 sales, adjusted EPS expectations (updated)

Autoliv

Today 11:31

Adds share reaction, results and tariff compensation in bullets 4-7

Overview
Automotive safety supplier's Q3 sales declined 0.5% yr/yr, missing analysts' expectations
Adjusted EPS fell 5.7%, and missed analysts' expectations
Adjusted EBIT declined 3.4%, but was above estimates
Shares down nearly 4% after report 
Organic sales performance exceeded global Light Vehicle Production (LVP) by around 1 pp, significantly outpacing LVP growth in India, Japan and with Chinese OEMs 
Achieved customer compensation for more than 80% of tariff costs, net negative impact of around $6 million for remaining

Outlook
Autoliv expects around 0% organic sales growth for full year 2026
Company expects around 2.5% positive FX impact on 2026 net sales
Autoliv expects around 10.5% adjusted operating margin for 2026, at low end of prior range

Result Drivers
ASIA GROWTH - Co said strong sales growth in India and China helped offset global sales declines
COST REDUCTIONS - Co said cost reduction initiatives and higher engineering income supported margins
COST HEADWINDS - Co said increased costs from raw materials, logistics and flooding in Thailand pressured results

Company press release: ID:nWkr2PsSj8

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Miss
$2.69 bln
$2.73 bln (11 Analysts)
Q3 Adjusted EPS
Miss
$2.19
$2.31 (12 Analysts)
Q3 EPS
 
$2.13
 
Q3 Adjusted EBIT
Beat
$262 mln
$258.70 mln (10 Analysts)
Q3 Adjusted EBIT Margin
 
9.70%
 
Q3 EBIT
 
$254 mln
 

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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.)