Autoliv raises dividend, reiterates 2025 guidance (updated)

Autoliv

04/06/2025 10:39

Adds updated leverage ratio in paragraph 2, share reaction in paragraph 3

STOCKHOLM, June 4 (Reuters) - Swedish Autoliv ALV.N, ALIVsdb.ST, the world's biggest maker of airbags and seatbelts, on Wednesday reiterated its outlook for 2025 and said it would raise its dividend for the third quarter to $0.85 per share from $0.70 in the second quarter.

Autoliv said in a statement it would tweak its target leverage ratio to a debt of maximum 1.5 times adjusted earnings before interest, taxes, depreciation and amortisation, from a previous goal of hitting the middle of a 0.5-1.5 times range.

Autoliv's shares rose on the news, trading up 2.2% by 0938 GMT from the previous day at 1,009 Swedish crowns, from 987 crowns before the company's announcement.

Europe and the Americas stood for a large part of Autoliv's 2024 sales https://reut.rs/3ElpjtG

 (Reporting by Marie Mannes, writing by Louise Rasmussen, editing by Terje Solsvik)

 ((Marie.mannes@thomsonreuters.com))