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Autoliv Q2 adj EPS 1.87 usd, down 3%
Q2 organic sales up 0.7% (Il Sole 24 Ore Radiocor) - Stockholm, 19 Jul - The Swedish auto component supplier Autoliv said that in the second quarter of 2024 sales fell 1.1% year on year to 2.605 billion dolalrs, but organic sales grew 0.7% The adjusted operating margin rose to 8.5% from 8.0%.
Earnings rose 178% to 1.71 dollars and adjusted EPS fell 3% to 1.87 dollars.
The company's guidance for the full year is for around 2% organic sales growth, 9.5-10.0% adjusted operating margin and about 1.1 billion dollars of operating cash flow.
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(RADIOCOR) 19-07-24 18:47:27 (0494) 5 NNNN