Autoliv(US:ALV)2026-04-17 12:00Financial Performance - Autoliv achieved record first-quarter sales of $2.753 billion, representing a year-over-year increase from $2.578 billion[11, 12, 44] - Adjusted operating income reached $245 million, compared to $255 million in the same period last year, with an adjusted operating margin of 8.9%[12, 44] - The company paid a dividend of $0.87 per share, totaling a $65 million payout to shareholders[10, 44] - Adjusted earnings per share (EPS) on a diluted basis was $2.05, compared to $2.15 in the first quarter of 2025[44, 92] Market Growth and Regional Dynamics - Sales to Chinese OEMs increased by nearly 30%, driven by recent product launches[10] - India emerged as a key contributor to growth, supported by a strong local manufacturing footprint[10, 30] - Global light vehicle production (LVP) experienced a decline of 3.4% during the quarter[20, 44] - The company outperformed global LVP by 4 percentage points in terms of organic sales growth[27] Operational and Strategic Outlook - The full-year 2026 guidance maintains an adjusted operating margin target of approximately 10.5% to 11% and operating cash flow of around $1.2 billion[78] - Autoliv expanded its safety portfolio by launching the first commercially ready airbag specifically developed for commuter scooters[9, 10] - The net debt to EBITDA leverage ratio remained at 1.3x, staying below the long-term target limit of 1.5x[66, 89]