Autoliv, Inc. (NYSE:ALV) on Friday reported upbeat first-quarter results.
The company reported first-quarter adjusted earnings per share of $2.05, beating the analyst consensus estimate of $1.89. Quarterly sales of $2.753 billion (+6.8% year over year) beat the Street view of $2.605 billion.
“Underlying profitability improved, with gross profit increasing by 10%, although adjusted operating income was slightly lower due to temporary lower R,D&E reimbursements and the one-time income in Q1 last year,” said CEO Mikael Bratt.
The company expects full-year 2026 organic sales growth to be around 0%, based on stable customer demand and no major macroeconomic or trade disruptions. Adjusted operating margin is projected …