Exhibit 99.1

Financial Report October – December 2017

A record quarter and year support 2020 targets

(Stockholm, Sweden, January 30, 2018) – For the three-month period ended December 31, 2017, Autoliv, Inc. (NYSE: ALV and SSE: ALIV.Sdb), the worldwide leader in automotive safety systems, reported record consolidated sales of $2,729 million. Quarterly organic sales* grew by 1.1%. The operating margin was 0.5% and the adjusted operating margin* was 9.6% (for non-U.S. GAAP measures see enclosed reconciliation tables).

The expectation at the beginning of the quarter was for quarterly organic sales to be “virtually flat” and an adjusted operating margin to be “more than 9%”.

For the first quarter of 2018, the Company expects organic sales growth to be less than 1% and the adjusted operating margin to be around 9%. The consolidated sales growth is expected to be more than 7% in the first quarter 2018. The indication for the full year adjusted operating margin is around 9% and an organic sales growth of more than 7% resulting in a consolidated sales growth of more than 11%. (See the “Outlook” section on the next page for further discussion of organic sales and adjusted operating margin, which are forward-looking non-U.S. GAAP measures).

Key Figures

(Dollars in millions, except per share data)

Q4 2017

Q4 2016


Net sales




Operating income




Operating margin




Adjusted operating margin1)




Earnings per share, diluted2, 3)




Adjusted earnings per share, diluted1, 2, 3)




Operating cash flow




1) Excluding costs for capacity alignment, antitrust related matters, separation of our business segments and goodwill impairment. 2) Assuming dilution and net of treasury shares. 3) Participating share awards with right to receive dividend equivalents are (under the two class method) excluded from the EPS calculation.

Comments from Jan Carlson, Chairman, President & CEO


“The fourth quarter ended a year of records and exciting announcements. We are pleased that the fourth quarter sales and gross profit were the highest we have reported for any quarter. The full year 2017 was also the best year we have reported for sales and gross profit. Building on this solid base, we look forward with great expectations, as order intake in 2017 reached new historic highs for each of our Passive Safety and Electronics segments. This includes new record high order intake for Active Safety and for Restraint Control Systems, while ANBS almost managed to repeat its strong 2016 order intake. Our achievements in 2017, especially our order intake records and gross margin progression reinforce our confidence in the sales and margin targets presented at our Capital Markets Day (CMD) on September 14, 2017.

We continued to broaden our customer and product base in Active Safety in the fourth quarter, including increasing from three to four Vision customers and winning our first LiDAR order. The strong order intake in the fourth quarter supports the sales progression outlined at our CMD, that we expect the sales trend in Electronics to improve in 2019 and beyond. Following two years of record order intake in Electronics, we will step up our R,D&E efforts further in 2018, to support the development of received orders and future product solutions, by increasing R,D&E costs by up to $70 million.

The step-up in growth in Passive Safety was slightly ahead of plan in the fourth quarter, as the increased number of product launches added more than 3pp to organic sales growth* in the segment, partially offset by lower inflator replacement sales and temporary model mix headwinds. In 2018, we expect the contribution from increased product launches to accelerate gradually while the model mix and inflator replacement headwinds subsides after the first quarter leading to our expectation that a more than 2% organic sales growth in the first quarter becomes more than 10% for the full year in Passive Safety.

Building on the board’s decision in December 2017 to move forward with the separation of our business segments, we are working hard to prepare for the separate listing of our Electronics business as a stand-alone company in the third quarter of 2018. We are looking forward to seeing Passive Safety and Electronics releasing their full potential in the years to come.

With quality as our first priority, we continue to execute on our growth and margin opportunities while staying focused on saving more lives and creating value for our stakeholders.”



An earnings conference call will be held at 2:00 p.m. (CET) today, January 30. 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.

The following information was filed by Autoliv Inc (ALV) on Tuesday, January 30, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Autoliv Inc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Autoliv Inc.


Never Miss A New SEC Filing Again

Real-Time SEC Filing Notifications
Screenshot taken from Gmail for a new 10-K Annual Report
Last10K.com Member Feature

Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.


We Highlighted This SEC Filing For You

SEC Filing Sentiment Analysis - Bullish, Bearish, Neutral
Screenshot taken from Wynn's 2018 10-K Annual Report
Last10K.com Member Feature

Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q.


Widen Your SEC Filing Reading Experience

Increased Reading Area for SEC Filings
Screenshot taken from Adobe Inc.'s 10-Q Quarterly Report
Last10K.com Member Feature

Remove data columns and navigations in order to see much more filing content and tables in one view


Uncover Actionable Information Inside SEC Filings

SEC Filing Disclosures
Screenshot taken from Lumber Liquidators 10-K Annual Report
Last10K.com Member Feature

Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q


Adobe PDF, Microsoft Word and Excel Downloads

Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshots of actual 10-K and 10-Q SEC Filings in PDF, Word and Excel formats
Last10K.com Member Feature

Export Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis


FREE Financial Statements

Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshot of actual balance sheet from company 10-K Annual Report
Last10K.com Member Feature

Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports

Continue for FREE

Intrinsic Value Calculator

Intrinsic Value Calculator
Screenshot of intrinsic value for AT&T (2019)
Last10K.com Member Feature

Our Intrinsic Value calculator estimates what an entire company is worth using up to 10 years of financial ratios to determine if a stock is overvalued or not


Financial Stability Report

Financial Stability Report
Screenshot of financial stability report for Coco-Cola (2019)
Last10K.com Member Feature

Our Financial Stability reports uses up to 10 years of financial ratios to determine the health of a company's EPS, Dividends, Book Value, Return on Equity, Current Ratio and Debt-to-Equity


Get a Better Picture of a Company's Performance

Financial Ratios
Available Financial Ratios
Last10K.com Member Feature

See how over 70 Growth, Profitability and Financial Ratios perform over 10 Years


Log in with your credentials


Forgot your details?

Create Account