Autoliv: Financial Report October - December 2012 Business Wire STOCKHOLM, Sweden -- January 31, 2013 Regulatory News: Sales: $2,052 million EPS: $1.45 Cash Flow: $241 million For the three-month period ended December 31, 2012, Autoliv, Inc. (NYSE: ALV and SSE: ALIV.Sdb) – the worldwide leader in automotive safety systems – reported an operating margin, excluding costs for capacity alignments and antitrust investigations, of 9.4% compared to our guidance of “around 9%”. On the same basis, operating income amounted to $193 million. Consolidated sales hit a new fourth quarter record of $2,052 million and organic sales grew by 1.5%, in line with our guidance. Operating income amounted to $174 million with an operating margin of 8.5%, which includes costs for the antitrust investigations and capacity alignments totaling $19 million. Income before taxes amounted to $170 million, net income to $140 million and earnings per share assuming dilution to $1.45. Cash flow from operations amounted to $241 million and to $141 million before financing. For the first quarter of 2013, we expect consolidated sales to decline by 4%, due to a similar decline in organic sales resulting from the depressed light vehicle production in Western Europe, while the indication for the full year is a consolidated sales increase of 2-4%, primarily due to a 1-3% increase in organic sales. An operating margin of around 8% is expected for the first quarter, while the indication for the full year is a margin of around 9%. Both margin forecasts are excluding costs for capacity alignments and antitrust investigations. Capacity alignment costs for 2013 are expected to reach at least $25 million but not to exceed $50 million. An earnings conference call will be held at 2:30 p.m. (CET) today, January 31. To follow the webcast or to obtain the pin code and phone number, please access www.autoliv.com. The conference slides will be available on our web site as soon as possible following the publication of this earnings report. This information was brought to you by Cision http://www.cisionwire.com Contact: Autoliv +46-8 58 72 06 22 http://www.autoliv.com Mats Ödman VP Corporate Communications +46 (0) 708 320 933 +46 (8) 587 20 623 firstname.lastname@example.org
Autoliv: Financial Report October - December 2012
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