Core Viewpoint - Autoliv, Inc. reported strong fourth-quarter earnings and sales growth, driven by significant market share in automotive safety and robust performance in high-growth regions like China and India, despite facing inflationary pressures and rising material costs [1][2][9]. Financial Performance - Adjusted earnings per share for Q4 2025 were $3.19, up from $3.05 in the same quarter last year [1]. - Net sales reached $2.82 billion, an increase from $2.62 billion year-over-year [1]. Market Position and Growth - Autoliv's global market share in 2025 was nearly 44%, a rise of approximately 5 percentage points since 2018 [3]. - Sales to Chinese OEMs increased by nearly 40% in the quarter, while India contributed nearly half of the global organic growth [3]. - The company anticipates outperforming light vehicle production in China and India in 2026, with sales projected to exceed industry production by about 1 percentage point [3]. Strategic Initiatives - Autoliv is forming a joint venture with Hangsheng Electric to develop advanced safety electronics for the Chinese market, with a 40% stake in the venture [4]. - A strategic agreement with CATARC aims to advance automotive safety standards through collaboration in R&D and testing [4]. Cost Management and Margins - The company is progressing on a structural cost reduction program, achieving approximately $100 million of the planned $130 million in savings [5]. - Adjusted operating margin is expected to improve to 10.5-11% in 2026, compared to 10.3% in the previous year [5]. Financial Health and Shareholder Actions - Long-term debt decreased to $1.57 billion from $1.77 billion, with a long-term debt-to-capitalization ratio of 40% [6]. - The fourth-quarter dividend was raised by 24% to 87 cents, and a stock repurchase program authorizes up to $2.5 billion in buybacks through 2029 [6]. Challenges and Outlook - North America faces inflationary pressures, with a forecasted 2% decline in light vehicle production in 2026 [7]. - Raw material costs, particularly for gold, are expected to rise, impacting margins with an estimated $30 million headwind in 2026 [8]. - A decline in Chinese light vehicle production is anticipated, contributing to a nearly 4% year-over-year drop in global production [10]. Conclusion - Autoliv's solid earnings growth, strong market position, and exposure to high-growth regions enhance its prospects, supported by new product launches and strategic partnerships [12].

Financial Data and Key Metrics Changes - The company reported record high sales for both the quarter and the full year, with consolidated sales exceeding $2.8 billion, an 8% increase year-over-year [7][21] - Adjusted operating income for Q4 decreased by 4% to $337 million, with an adjusted operating margin of 12%, down 140 basis points from the previous year [7][21] - Free operating cash flow for 2025 reached $734 million, an increase of over $230 million compared to the previous year, driven by higher profitability and disciplined capital management [6][24] - Earnings per share rose to above $9, with an 18% increase year-over-year, reflecting higher net profit and reduced share count from repurchase activities [24][25] Business Line Data and Key Metrics Changes - Sales to Chinese OEMs surged nearly 40% in the quarter, significantly contributing to the company's growth [5] - India represented nearly half of the company's global organic growth, showcasing exceptional performance in that market [5] - The adjusted operating income for the full year increased by 11% to $1.1 billion, with an adjusted operating margin of 10.3% compared to 9.7% in 2024 [24] Market Data and Key Metrics Changes - Global light vehicle production for Q4 increased by 1.3%, exceeding expectations, with production in China coming in 8 percentage points above expectations [10] - The regional production mix has shifted, with a larger share coming from lower content per vehicle markets in Asia, impacting overall profitability [9][10] - The company outperformed the market by 3 percentage points globally, despite an unfavorable regional light vehicle production mix [12][19] Company Strategy and Development Direction - The company is focusing on expanding its role in the autonomous vehicle ecosystem, highlighted by the development of the first foldable steering wheel for autonomous vehicles [7] - Strategic agreements, such as the one with Qualcomm, are aimed at enhancing the company's position in advanced automotive safety electronics [16] - The company expects to continue to significantly outperform light vehicle production in both China and India in 2026, despite facing headwinds from market conditions [5][33] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to deliver attractive shareholder returns, with a debt leverage ratio reduced to 1.1 times [6] - The outlook for 2026 anticipates flat organic sales overall, with growth in China, India, and South America offset by declines in North America and Europe [33] - Geopolitical uncertainties and trade restrictions are identified as significant risks to the 2026 light vehicle production outlook [32] Other Important Information - The company returned approximately $590 million to shareholders through dividends and share buybacks in 2025 [29] - The operating cash flow for Q4 totaled $544 million, an increase of $124 million compared to the previous year, driven by positive working capital effects [25] - The company has achieved $100 million of the $130 million in structural cost savings targeted [41] Q&A Session Summary Question: Can you frame the major puts and takes regarding margins? - Management quantified raw material headwinds at about $10 million for 2025, expecting it to increase to around $30 million in 2026, primarily due to non-ferrous metals like gold [40][41] Question: Is there any impact from Hyundai's airbag recall? - Management indicated no current indication of impact on their products and is working with the customer [44][45] Question: Why is the 2026 outperformance guidance only 1%? - Management explained that the outperformance is consistent with their organic growth components and reflects a neutral mix effect for 2026 [50][51] Question: How is the company performing with exports and production in Europe from Chinese OEMs? - Management confirmed strong growth with Chinese OEMs and noted a significant order for production in Europe, although high volumes of localized production are still developing [54][55] Question: What is the current market share in the industry? - Management reported a stable market share of 44% globally, with strong growth in China and India [59][60] Question: How was the raw material headwind for 2026 calculated? - Management stated it is based on a mix of long-term agreements and updated contracts, with the largest impact expected from gold [62][64]

Financial Data and Key Metrics Changes - The company achieved record high sales for both the quarter and the full year, with consolidated sales over $2.8 billion, representing an 8% year-over-year increase [10][20] - Adjusted operating income for Q4 decreased by 4% to $337 million, with an adjusted operating margin of 12%, which is 140 basis points lower than the same quarter last year [6][20] - Free operating cash flow for 2025 was $734 million, an increase of over $230 million compared to the previous year, driven by higher profitability and disciplined capital management [5][24] - Adjusted earnings per share rose 18% to $9.85, reflecting higher net profit and reduced share count from repurchase activities [24] Business Line Data and Key Metrics Changes - Sales to rapidly expanding Chinese OEMs surged nearly 40% in the quarter, significantly contributing to the overall sales growth [4] - The company outperformed the market by 3 percentage points globally, despite an unfavorable regional light vehicle production mix [11] - Sales to Chinese OEMs accounted for 23% of group sales, with organic sales growth in China of 23% [10][18] Market Data and Key Metrics Changes - Global light vehicle production for Q4 increased by 1.3%, exceeding expectations by 4 percentage points, primarily driven by China and India [9] - Light vehicle production in China was 8 percentage points above expectations, supported by consumer incentives [9] - The regional production mix has shifted significantly, with a larger share coming from lower content per vehicle markets in Asia [8] Company Strategy and Development Direction - The company announced the development of the first foldable steering wheel for autonomous vehicles, marking a strategic step in expanding its role in the autonomous vehicle ecosystem [6] - The company expects to continue to significantly outperform light vehicle production in both China and India in 2026 [4] - The company aims for margin improvement supported by higher operational efficiency and ongoing structural cost reductions [32] Management's Comments on Operating Environment and Future Outlook - The management expressed confidence in the ability to deliver attractive shareholder returns, with a debt leverage ratio reduced to 1.1 times [5] - The outlook for 2026 anticipates flat organic sales overall, with growth in China, India, and South America offset by lower sales in North America and Europe [32] - Geopolitical uncertainty and trade restrictions are expected to be significant risks to the 2026 light vehicle production outlook [31] Other Important Information - The company paid a dividend of $0.87 per share in Q4, representing a 24% increase from the previous dividend [28] - The company has improved working capital by approximately $740 million over the past five years, supporting a stronger balance sheet [27] Q&A Session Summary Question: Can you frame the major puts and takes regarding margins? - The company expects about $30 million in raw material headwinds in 2026, primarily from non-ferrous metals, especially gold [39] Question: Is there any impact from Hyundai's airbag recall? - Currently, there is no indication that the recall affects the company's products, and they are working with the customer [43] Question: Why is the outperformance for 2026 only 1%? - The company expects a neutral mix effect for 2026, with lower-end vehicles growing, impacting overall performance [49] Question: What is the current market share in the industry? - The company maintains a market share of 44% globally, with strong growth in China and India [59] Question: How is the raw material headwind calculated? - The headwind is based on a mix of long-term agreements and updated contracts, with a focus on spot prices [62]

Earnings Call Presentation 4th Quarter 2025 January 30, 2026 January 30, 2026 ALV – Q4 2025 Earnings Call and Webcast Copyright Autoliv Inc., All Rights Reserved Public Safe Harbor Statement* This report contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward- looking statements include those that address activities, events or developments that Autoliv, Inc. or its management believes or ...

Core Insights - The company reported record high net sales of $2,817 million in Q4 2025, representing a 7.7% increase year-over-year, with organic sales growth of 4.2% [1][2][3] - Operating income decreased by 9.6% to $319 million, while adjusted operating income fell by 3.6% to $337 million, primarily due to lower customer compensations and engineering income [2][3] - The company expects around 0% organic sales growth and an adjusted operating margin of 10.5-11.0% for the full year 2026 [1][9] Financial Performance - Q4 2025 net sales were $2,817 million, up from $2,616 million in Q4 2024, marking a 7.7% increase [2] - Full year 2025 net sales reached $10,815 million, a 4.1% increase from $10,390 million in 2024 [2] - Operating cash flow for Q4 2025 was $544 million, a 30% increase from $420 million in Q4 2024, contributing to a full year operating cash flow of $1,157 million [3][6] Regional Performance - Organic sales growth outperformed global light vehicle production (LVP) in all regions, with significant growth in China (5.3pp above LVP) and Asia ex. China (4.8pp above LVP) [3][5] - Sales to Chinese OEMs (COEMs) grew nearly 40% in Q4 2025 and 23% for the full year, indicating strong market performance [3][5] Profitability Metrics - The operating margin for Q4 2025 was 11.3%, down from 13.5% in Q4 2024, while the adjusted operating margin was 12.0%, down from 13.4% [2][3] - Return on capital employed (ROCE) was reported at 30.3%, with adjusted ROCE at 31.8%, reflecting a decrease from previous periods [4] Shareholder Returns - The company paid a dividend of $0.87 per share, a 2.4% increase from Q3 2025, and repurchased 1.26 million shares [3][8] - The ability to deliver attractive shareholder returns remains strong, with record high operating cash flow and free operating cash flow for both the quarter and the full year [6][8] Strategic Developments - The company has strengthened its position in China through investments and strategic agreements, with 30% of order intake in 2025 coming from COEMs [7] - The company anticipates continued strong sales performance with COEMs in 2026, supported by new product launches and market strategies [3][5]

Core Viewpoint - CCL Industries is set to acquire Advanced Safety Technologies (ALT Technologies) for approximately $32 million in an all-cash, debt-free transaction, with the deal expected to close in the second quarter of 2026, pending regulatory approvals [1][2]. Group 1: Acquisition Details - The acquisition will establish a new automotive safety business unit within CCL Design, enhancing CCL's capabilities in the airbag industry [2]. - ALT Technologies specializes in producing components for automotive airbags, including covers, wraps, seals, and durable labels for automotive and industrial clients [2][3]. - The transaction is valued at around $32 million and is structured as an all-cash, debt-free deal [1]. Group 2: Financial Performance - For the 12 months ending November 30, 2025, ALT reported sales of approximately $67 million and an adjusted EBITDA margin of 11.3% [3]. - ALT Technologies has been operational for over 20 years, focusing on die-cut, self-adhesive, and printed components for demanding environments in the automotive and industrial sectors [3]. Group 3: Operational Footprint - ALT Technologies operates manufacturing sites in the Netherlands, Romania, China, and Mexico, maintaining a global production presence [3][4]. - The company's product portfolio includes safety labels, traceability tags, occupant safety parts, adhesive functional components, flexible circuits, electronics protection items, and electromagnetic interference shielding solutions [4]. Group 4: Strategic Fit - CCL Industries' CEO Geoffrey Martin emphasized the long-standing relationship with ALT and its management, indicating confidence in ALT's leadership and market position [2]. - ALT Technologies' CEO Jean-Luc Verstraeten expressed belief that CCL Industries is well-positioned to support ALT's next development phase, leveraging additional industry experience and a global footprint [5].

Core Viewpoint - Autoliv Inc. is set to release its Financial Report for Q4 2025 on January 30, 2026, at 12:00 CET, with a teleconference scheduled for the same day [1][2]. Group 1 - The Q4 2025 Earnings Call will take place on January 30, 2026, from 14:00 to 15:00 CET, featuring Mikael Bratt, President & CEO, as the main speaker [2]. - Participants can join the call via webcast or phone, with registration required for phone attendance to obtain a personal pin code [2]. - An audio replay of the conference will be available until January 30, 2027, along with a transcript accessible on the company's investor relations website [2].

As filed with the Securities and Exchange Commission on December 15, 2025 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 SaverOne 2014 Ltd. (Exact Name of Registrant as Specified in its Charter) Not Applicable (Translation of Registrant's Name into English) State of Israel 7371 Not Applicable (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification ...

Core Viewpoint - Autoliv, Inc. is positioned as a leading player in the automotive safety industry, with a focus on innovation and safety systems, which enhances its reputation among automotive manufacturers globally [1] Performance Summary - Over the past 30 days, Autoliv's stock (ALV) has gained 1.06%, indicating a steady upward trend and reflecting investor confidence [2][6] - The stock has seen a decline of 5.81% in the last 10 days, which may present a buying opportunity for investors [2][6] Growth Potential - The stock price is projected to increase by 16.15%, suggesting that it is currently undervalued and has significant room for appreciation [3][6] - Market analysis and future earnings projections support the growth potential of Autoliv, making it an attractive option for investors [3] Fundamental Strength - Autoliv has a Piotroski Score of 8, indicating robust financial health and the ability to capitalize on future growth opportunities [4][6] - A high Piotroski Score reflects the company's effective management of financial resources and profit generation capabilities [4] Analyst Expectations - Analysts have set a target price of $136.22 for ALV, indicating expectations of the stock's fair market value and potential upside for investors [5]

Market Overview - Volatility has returned to Wall Street, with major indexes experiencing their worst day in over a month due to a significant tech selloff [1][3] - The Dow and S&P 500 each declined by 1.7%, while the Nasdaq fell by 2.3%, moving below their recent all-time closing highs [3] Economic Concerns - Uncertainties regarding the economy's health have been rising, contributing to investor caution [1] - Skepticism is growing about the likelihood of another interest rate cut by the Federal Reserve this year, with current market pricing indicating a 50.1% chance of a quarter percentage point cut in December, down from 62.5% [5][6] Dividend-Paying Stocks - In light of market volatility, investors may consider dividend-paying stocks for steady income and capital protection [2] - Three notable stocks that have recently declared dividend increases are: - **Pan American Silver Corp. (PAAS)**: Declared a dividend of $0.14 per share, with a dividend yield of 1.25% and a payout ratio of 26% [8][10] - **Amkor Technology, Inc. (AMKR)**: Declared a dividend of $0.08 per share, with a dividend yield of 0.96% and a payout ratio of 26% [11][10] - **Autoliv, Inc. (ALV)**: Declared a dividend of $0.87 per share, with a dividend yield of 2.73% and a payout ratio of 35% [13][10] Industry Insights - The tech sector has been a primary driver of market performance, fueled by enthusiasm for artificial intelligence (AI) [4] - Significant investments are being made in AI, leading to concerns about the valuation of AI stocks [5]