Autoliv Q2 sales beat estimates on strong Asia demand
Autoliv Q2 sales beat estimates on strong Asia demand
Overview
Automotive safety supplier's Q2 sales rose 3.3%, beating analyst expectations
Adjusted EPS for Q2 beat analyst expectations; adjusted operating margin improved to 9.6%
Company repurchased 1.65 mln shares and posted record Q2 operating cash flow
Outlook
Autoliv sees full-year 2026 organic sales growth around 0%
Company expects 2026 adjusted operating margin of about 10.5-11%
Autoliv forecasts 2026 operating cash flow of around $1.2 bln
Result Drivers
ASIA OUTPERFORMANCE - Sales in Asia, particularly China and India, outpaced local vehicle production and drove overall organic growth
COST REDUCTIONS - Adjusted operating income increased due to direct material cost savings despite FX and raw material price headwinds
RESTRUCTURING IMPACT - Operating income fell substantially due to restructuring activities in Türkiye
Company press release: ID:nWkr8kMShF
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Sales | Beat | $2.80 bln | $2.77 bln (11 Analysts) |
Q2 Adjusted EPS | Beat | $2.43 | $2.42 (12 Analysts) |
Q2 EPS |
| $1.35 |
|
Q2 Adjusted EBIT | Beat | $270 mln | $259.39 mln (10 Analysts) |
Q2 Adjusted EBIT Margin |
| 9.60% |
|
Q2 EBIT |
| $192 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 6 "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 7.2% above its July 16 closing price of $124.99
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 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.)