Autoliv Inc (ALV) SEC Filing 10-Q Quarterly Report for the period ending Wednesday, June 30, 2021

18 Financial highlights in the second quarter of 2021 $2,022 million net sales 85% organic sales growth (Non-U.S. GAAP measure, see reconciliation table below) 8.1% operating margin 8.2% adjusted operating margin (Non-U.S. GAAP measure, see reconciliation table below) $1.19 EPS - an increase of $3.19 $1.20 adjusted EPS (Non-U.S. GAAP measure, see reconciliation table below) - an increase of $2.60 Key business developments in the second quarter of 2021 Strong organic sales growth (Non-U.S. GAAP measure) in all regions, except China, as global LVP grew by 52% vs. Q2 last year (according to IHS Markit June 2021).

Non-U.S. GAAP financial measures Some of the following discussions refer to non-U.S. GAAP financial measures: see reconciliations for "Organic sales", "Trade working capital", "Net debt", Leverage ratio, Adjusted operating income, Adjusted operating margin and Adjusted EPS provided below.

Based on an assumption of 9-11% global LVP growth for the full year 2021, the Company expects an organic sales growth of around 16-18%, and an adjusted operating margin of around 9-9.5%.