# Autoliv: Financial Report April – June 2026

- Link: https://www.thailand-business-news.com/pr-news/autoliv-financial-report-april-june-2026
- Published: 2026-07-17T19:17:00+07:00
- Author: PR Newswire

Q2 2026: Positive momentum continued in second quarter

STOCKHOLM, July 17, 2026 /PRNewswire/ — 

**Financial highlights Q2 2026**

**$2,803 million **net sales,** increase** of** 3.3%**

**1.0% **organic sales growth*

**6.8%** operating margin,** 9.6%** adj. operating margin*

**$1.35 **diluted EPS, **38% decrease**

**Full year 2026 guidance**

**Around 0%** organic sales growth

**Around 2.5% positive** FX impact on net sales

**Around 10.5-11%** adjusted operating margin

**Around $1.2 billion** operating cash flow

**_All change figures in this release compare to the same period of the previous
year except when stated otherwise._**

Key business developments in the second quarter of 2026

 ◦ **Net sales increased organically\* by 1.0%**, which was 1.3pp higher than the
   global LVP decrease of 0.3% (S&P Global July 2026) mainly driven by strong performance
   in Asia. Regional and customer LVP mix is estimated to have impacted sales negatively
   by about 0.6pp. Our organic sales growth* outperformed LVP significantly in China
   and in Asia excl. China, underperformed slightly in EMEA and more markedly in
   Americas. Our strong performance in Asia excl. China was mainly due to India,
   where we outperformed by 20pp, driven by continued strong market growth in safety
   content per vehicle, while our China performance was due to more than 40pp outperformance
   with Chinese OEMs.
 ◦ **Underlying profitability remained strong.** Operating income decreased substantially
   due to previously communicated restructuring activities in Türkiye. Adjusted 
   operating income* increased by 7.3%, despite adverse effects from FX and raw 
   material prices, mainly due to well executed direct material cost savings. Operating
   margin was 6.8% and adjusted operating margin* was 9.6%. ROCE was 17.9% and adjusted
   ROCE* was 24.9%.
 ◦ **Cash flow was the best for a second quarter so far** with operating cash flow
   improving from $277 million to $434 million, mainly driven by strong underlying
   profitability and a normalization of working capital. Free operating cash flow*
   more than doubled to $340 million. The leverage ratio* improved to 1.2x. In the
   quarter, a dividend of $0.87 per share was paid and 1.65 million shares were 
   repurchased and retired.
 ◦ **_\*For Non-GAAP measures see enclosed reconciliation tables._**

**Key Figures**

  |

**(Dollars in millions, except per share data)**

  |

**Q2 2026**

  |

**Q2 2025**

  |

**Change**

  |

**6M 2026**

  |

**6M 2025**

  |

**Change**

  |  
 |

Net sales

  |

$2,803

  |

$2,714

  |

3.3 %

  |

$5,556

  |

$5,292

  |

5.0 %

  |  
 |

Operating income

  |

192

  |

247

  |

(22) %

  |

429

  |

502

  |

(14) %

  |  
 |

Adjusted operating income^(1))

  |

270

  |

251

  |

7.3 %

  |

515

  |

506

  |

1.7 %

  |  
 |

Operating margin

  |

6.8 %

  |

9.1 %

  |

(2.3)pp

  |

7.7 %

  |

9.5 %

  |

(1.8)pp

  |  
 |

Adjusted operating margin^(1))

  |

9.6 %

  |

9.3 %

  |

0.4pp

  |

9.3 %

  |

9.6 %

  |

(0.3)pp

  |  
 |

Earnings per share – diluted

  |

1.35

  |

2.16

  |

(38) %

  |

3.24

  |

4.31

  |

(25) %

  |  
 |

Adjusted earnings per share – diluted^(1))

  |

2.43

  |

2.21

  |

10 %

  |

4.49

  |

4.36

  |

2.9 %

  |  
 |

Operating cash flow

  |

434

  |

277

  |

57 %

  |

359

  |

355

  |

1.1 %

  |  
 |

Return on capital employed^(2))

  |

17.9 %

  |

23.8 %

  |

(5.8)pp

  |

20.3 %

  |

24.8 %

  |

(4.5)pp

  |  
 |

Adjusted return on capital employed^(1,2))

  |

24.9 %

  |

24.1 %

  |

0.8pp

  |

24.1 %

  |

25.0 %

  |

(0.9)pp

  |  
 |

Dividends paid

  |

(64)

  |

(54)

  |

19 %

  |

(130)

  |

(108)

  |

20 %

  |  
 |

Share repurchases

  |

(200)

  |

(51)

  |

293 %

  |

(200)

  |

(101)

  |

97 %

  |  
 |

^(1)) Excluding effects from capacity alignments and antitrust related matters. Non-GAAP measure, see reconciliation table.
^(2)) Annualized operating income and income from equity method investments, relative to average capital employed.

  |

**Comments from Mikael Bratt, President & CEO**

Through focused execution, we maintained the positive momentum from the first quarter.
Globally, our sales grew organically more than 1pp faster than global LVP, outgrowing
LVP significantly in Asia. Our sales to Chinese OEMs grew by more than 40%, and 
Chinese OEMs accounted for 55% of our sales in China, compared to 40% a year ago.
Our opportunities with Chinese OEMs were further solidified by signing new strategic
cooperation agreements with both Great Wall Motor and XPENG. Sales in India continued
to grow by more than 35%.

Well executed cost reduction activities supported a continued improvement of underlying
profitability, with adjusted operating margin increasing to 9.6%.

I am pleased that our cash flow improved in line with our expectations, resulting
in record operating cash flow for a second quarter, and supporting our ambitious
shareholder return strategy. Our leverage ratio improved to 1.2x, despite repurchasing
around 1.65 million shares, equal to $200 million, in the quarter.

In line with our ambition to ensure long-term competitiveness and align production
capacity with market demand, we continue to optimize our footprint. In the quarter,
we announced that we will discontinue manufacturing operations in Türkiye.

We continued to manage geopolitical developments successfully in the quarter, limiting
the effects of tariffs, supply chain challenges and raw material price increases.

The business environment remains uncertain but our current best estimate for the
remainder of the year is to reiterate our full year 2026 guidance of about unchanged
organic sales growth, adjusted operating margin of around 10.5-11% and operating
cash flow of around 1.2 billion. This is based on the assumption that LVP will decline
by around 2.5%.

Customer compensations and other mitigation initiatives are expected to have limited
impact in Q3, but significantly greater contribution in Q4. Therefore, we expect
third quarter adjusted operating margin to be around the first half 2026 level, 
with a significant improvement in Q4.

Based on our full year guidance, we continue to expect strong cash flow for the 
year, which supports our ambition to provide attractive shareholder returns, including
share repurchases of $300-500 million in 2026.

**Next Report**

Autoliv intends to publish the quarterly earnings report for the third quarter of
2026 on Friday, October 23, 2026.

**Inquiries: Investors and Analysts**

Anders Trapp
Vice President Investor RelationsTel +46 (0)709 578 171

Henrik Kaar
Director Investor RelationsTel +46 (0)709 578 114

**Inquiries: Media**

Gabriella Etemad
Senior Vice President CommunicationsTel +46 (0)70 612 6424

Autoliv, Inc. is obliged to make this information public pursuant to the EU Market
Abuse Regulation. The information was submitted for publication, through the agency
of the VP of Investor Relations set out above, at 12.00 CET on July 17, 2026.

This information was brought to you by Cision [http://news.cision.com](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4733883-1&h=4124087787&u=http%3A%2F%2Fnews.cision.com%2F&a=http%3A%2F%2Fnews.cision.com)

[https://news.cision.com/autoliv/r/financial-report-april—june-2026,c4375674](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4733883-1&h=3183001150&u=https%3A%2F%2Fnews.cision.com%2Fautoliv%2Fr%2Ffinancial-report-april---june-2026%2Cc4375674&a=https%3A%2F%2Fnews.cision.com%2Fautoliv%2Fr%2Ffinancial-report-april---june-2026%2Cc4375674)

The following files are available for download:

  |

[https://mb.cision.com/Main/751/4375674/4197566.pdf](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4733883-1&h=2340102838&u=https%3A%2F%2Fmb.cision.com%2FMain%2F751%2F4375674%2F4197566.pdf&a=https%3A%2F%2Fmb.cision.com%2FMain%2F751%2F4375674%2F4197566.pdf)

  |

The full report (PDF)

  |

 

---

  |  This article was produced by Cision PR Newswire, our trusted news partner. The views expressed and the content presented here are solely those of the author and may not fully reflect the opinions of Thailand Business News. |

---

 
**Read the original article :** [Autoliv: Financial Report April – June 2026 ](http://www.prnasia.com/story/archive/5006934_AE06934_0?rand=184833)
