Financial Performance - Q4 2024 net sales were $2,616 million, a decrease of 4.9% year-over-year, with a 3.3% organic sales decline [2]. - Operating income reached a record high of $353 million, representing a 49% increase compared to Q4 2023, with an operating margin of 13.5% [4]. - Consolidated sales for the full year 2024 were $10,390 million, a decrease of 0.8% compared to $10,475 million in 2023 [30]. - Operating income for the full year increased by 42% to $979 million, compared to $690 million in 2023 [39]. - Net income for Q4 2024 was $243 million, a 7.0% increase from $227 million in Q4 2023, while full-year net income rose 32% to $648 million from $489 million [55]. - Earnings per share (diluted) increased by 40% to $8.04, up from $5.72 in the previous year [39]. - Earnings per share (diluted) for Q4 2024 increased to $3.10, compared to $2.71 in Q4 2023, marking an increase of 14.4% [83]. - Adjusted net income for Q4 2024 was $240 million, down from $314 million in Q4 2023 [107]. - Net income attributable to controlling interest rose to $646 million in Q4 2024, compared to $488 million in Q4 2023, marking a 32% increase [112]. Cash Flow and Capital Management - Operating cash flow for Q4 2024 was $420 million, contributing to a record operating cash flow of $1,059 million for the full year [4]. - Operating cash flow for the full year 2024 reached $1,059 million, an increase from $982 million in 2023 [95]. - Free operating cash flow for Q4 2024 was $288 million, a decrease of 3.0% from $297 million in Q4 2023, while full-year free operating cash flow improved to $497 million from $414 million [59][66]. - Cash and cash equivalents as of December 31, 2024, were approximately $330 million, with net debt increasing to $1,554 million, up 14% from the previous year [61]. - The leverage ratio remained stable at 1.2x as of December 31, 2024, with trailing adjusted EBITDA increasing by around $97 million [65]. - Net cash provided by operating activities for the full year 2024 was $1,059 million, up from $982 million in 2023, reflecting a growth of 7.8% [85]. - The leverage ratio for Q4 2024 was 1.2, compared to 1.4 in the previous quarter, indicating improved debt management [93]. Operational Efficiency - The company reduced its indirect workforce by 1,400 since Q1 2023 as part of a structural cost reduction program [6]. - Total headcount decreased by around 7% in 2024, supporting improved profitability [9]. - Trade working capital decreased by $117 million year-over-year, with trade working capital in relation to sales improving from 11.2% to 10.7% [60]. - Total current assets decreased to $3,483 million from $3,865 million in the previous quarter, representing a decline of 9.9% [89]. - Total liabilities decreased to $5,519 million from $5,974 million in the previous quarter, a reduction of 7.6% [89]. - The number of employees decreased to 59,500 as of December 31, 2024, down from 62,900 in the previous year [112]. Market and Sales Performance - Sales to domestic Chinese OEMs grew by 20%, despite overall underperformance in the Chinese market due to a negative LVP mix [27]. - Organic sales growth was 0.4% globally, outperforming the global light vehicle production (LVP) decline of 1.2% [33]. - In the Americas, organic sales decreased by 1.7%, while Europe saw an increase of 1.4% and Asia excluding China increased by 6.6% [35]. - The company expects a challenging 2025 for the automotive industry, with a slight decline in LVP and ongoing geopolitical risks [8]. Sustainability Initiatives - The company continued to focus on sustainability as a key part of its business strategy, aligning with international frameworks and improving operational efficiency [69]. - The share of renewable electricity usage increased to 30% in the company's operations, contributing to a 15% reduction in Scope 1 and 2 GHG emissions compared to 2023 [72]. - Autoliv launched a climate accelerator program to support suppliers in meeting sustainability requirements [73]. - Autoliv's operational GHG emissions intensity improved, indicating enhanced energy efficiency measures [72]. Future Outlook and Guidance - Full year 2025 guidance includes around 2% organic sales growth and an adjusted operating margin of approximately 10-10.5% [11]. - The company plans to hold a Capital Markets Day on June 3, 2025, to discuss future strategies [9]. - Fitch Ratings assigned Autoliv a Long-Term Issuer Default Rating (IDR) of 'BBB+' with a Stable Outlook [81].

Growth Stocks and Autoliv Analysis - Investors seek growth stocks to capitalize on above-average growth in financials, which can produce exceptional returns but carry above-average risk [1] - The Zacks Growth Style Score helps identify cutting-edge growth stocks by analyzing a company's real growth prospects beyond traditional attributes [2] - Stocks with the best growth features consistently outperform the market, especially those with a Growth Score of A or B and a Zacks Rank 1 or 2 [3] Earnings Growth - Earnings growth is crucial for investors, with double-digit growth indicating strong prospects and potential stock price gains [4] - Autoliv's historical EPS growth rate is 18.3%, but the projected growth for this year is 22.7%, significantly higher than the industry average of 17.7% [5] Cash Flow Growth - High cash flow growth is essential for growth-oriented companies, enabling them to undertake new projects without raising expensive outside funds [6] - Autoliv's year-over-year cash flow growth is 43.9%, far exceeding the industry average of -1.3% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 1.6%, compared to the industry average of 1.3% [7] Earnings Estimate Revisions - Positive trends in earnings estimate revisions are favorable and strongly correlated with near-term stock price movements [8] - Autoliv has seen upward revisions in current-year earnings estimates, with the Zacks Consensus Estimate surging 0.2% over the past month [9] Conclusion - Autoliv has earned a Growth Score of B and a Zacks Rank 2 due to positive earnings estimate revisions, positioning it well for outperformance [10][11]

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...

STOCKHOLM, Jan. 8, 2025 /PRNewswire/ -- Autoliv Inc., plans to publish its Financial Report for the fourth quarter 2024 on Friday, January 31, 2025 at 12:00 Central European Time (CET).The report will be available at www.autoliv.com.In addition, a teleconference will take place the same day. Q4 2024 Earnings Call: Date: January 31, 2025 Time: 14:00 – 15:00 CET Main speaker: Mikael Bratt, President & CEO To attend by webcast, please use the link on our web or the link below:https://edge. ...

The world's largest automotive safety supplier, Autoliv (NYSE: ALV ), has experienced subdued growth during 2024. However, growth will most likely return in 2025 as global light vehicle production is set to increase at a rate ofI am a private investor who is currently studying economics in Sweden with finance as orientation. For many years I have been interested in the stock market and have thus gained a deeper understanding of the stock market over the years. My investment strategy is mostly about finding ...

STOCKHOLM, Dec. 12, 2024 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that Jiangling Motors Co., Ltd (JMC), a renowned Chinese automotive manufacturer, and Autoliv (Shanghai) Management Co., Ltd, will start a new strategic cooperation to advance innovation and support global expansion.JMC is a leading company in China's commercial vehicle industry and a new force in the field of passenger vehicles. Autoliv has supplied seatbelts ...

Core Viewpoint - The Zacks Automotive - Original Equipment Industry is facing challenges due to a decline in light vehicle production forecasts, high R&D costs, rising capital expenditures, and supply chain issues, although some companies are managing to navigate these difficulties through acquisitions, collaborations, and cost reduction initiatives [1]. Industry Description - The industry includes companies that design, produce, and provide passive safety systems for the automotive sector, as well as those involved in driveline and metal forming technologies for electric, hybrid, and internal combustion vehicles. It supplies equipment to the U.S. government and major car manufacturers, and some companies also offer equipment financing and leasing solutions [2]. Factors Influencing the Outlook - The light vehicle production forecast for North America is expected to decline from 15.7 million in 2023 to 15.5 million in 2024, with further drops anticipated to 15.4 million by 2025, which could negatively impact demand for original equipment [3]. - Companies are facing high R&D costs and rising capital expenditures as they invest in new technologies, which may strain near-term margins despite potential long-term benefits from electrification [4]. Enhanced Efficiency - Automation is transforming production processes, improving efficiency, productivity, and quality while reducing labor costs, which is essential for OEMs to remain competitive in the evolving market [5]. Industry Rank and Performance - The Zacks Automotive - Original Equipment Industry holds a Zacks Industry Rank of 168, placing it in the bottom 33% of over 250 Zacks industries, indicating dim near-term prospects [6][7]. - The industry's earnings estimates for 2024 and 2025 have decreased by 25% and 29%, respectively, over the past year, reflecting a negative outlook [8]. - The industry has underperformed the S&P 500, declining 14.3% over the past year compared to the S&P 500's growth of 30.9% [11]. Current Valuation - The industry is currently trading at a trailing 12-month price-to-earnings (P/E) ratio of 15.42X, significantly lower than the S&P 500's 22.65X and the sector's 22.19X [13]. Notable Companies - **Autoliv, Inc. (ALV)**: A leading manufacturer of passive safety systems, with a record number of product launches in 2023 and expected growth in 2024. The company is improving labor productivity by reducing its workforce by 3,100 [15]. - **Oshkosh Corporation (OSK)**: A producer of specialty vehicles, expecting robust revenue growth from its Next Generation Delivery Vehicle program, with production increases projected through 2025 [18]. - **American Axle & Manufacturing Holdings, Inc. (AXL)**: A supplier of driveline systems, poised for growth from new contracts in both electric and internal combustion engine markets, with significant earnings growth estimates for 2024 and 2025 [22].

STOCKHOLM, Nov. 11, 2024 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced an increase of its quarterly dividend and extension of its current share repurchase program. Autoliv will cancel two million treasury shares in December 2024. Autoliv plans to hold its next Capital Markets Day on June 3rd, 2025.Quarterly Dividend Autoliv's quarterly dividend is increased by 3% to 70 cents per share, from 68 cents, for the fourth quarter of 202 ...

Autoliv, Inc. ALV reported better-than-expected third-quarter sales results on Friday. The company reported third-quarter adjusted earnings per share of $1.84, missing the analyst consensus of $1.95. Quarterly revenues of $2.56 billion topped the street view of $2.53 billion. "Light vehicle production was weak in the third quarter, declining by close to 5% globally. This was driven by a combination of inventory reductions, especially in the Americas and a high comparison base, especially in China," said Mik ...

Autoliv Inc. (ALV) reported third-quarter 2024 adjusted earnings of $1.84 per share, which missed the Zacks Consensus Estimate of $2 but rose 11% year over year. The company reported net sales of $2.56 billion in the quarter, which beat the Zacks Consensus Estimate of $2.54 million but fell 1.6% year over year.Stay up-to-date with the quarterly releases: See Zacks Earnings Calendar.Organic sales fell 0.8% year over year and missed our estimate of 1.5% due to a negative light vehicle production mix in China. ...