ALV Oct 2023 90.000 call
| Previous Close | 6.30 |
| Open | 6.30 |
| Bid | 2.45 |
| Ask | 5.50 |
| Strike | 90.00 |
| Expire Date | 2023-10-20 |
| Day's Range | 6.30 - 6.30 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 25 |
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- Reuters
Autoliv sticks to forecasts despite quarterly profit lagging estimates
STOCKHOLM (Reuters) -Sweden's Autoliv, the world's largest maker of airbags and seatbelts, reported slightly weaker than expected growth in its first-quarter core earnings on Thursday whilst it maintained its full-year outlook. Adjusted operating profit came to $131 million for the January-March quarter, up from $68 million a year ago but below the median forecast of $135 million in a Refinitiv poll of analyst. While cost inflation from raw material prices has squeezed car industry suppliers including Autoliv's rivals ZF and Joyson Safety Systems, the Swedish company has said it was seeking to raise prices and that its operating margin would grow this year and next.
- Reuters
UPDATE 3-Autoliv sticks to forecasts despite quarterly profit lagging estimates
Sweden's Autoliv , the world's largest maker of airbags and seatbelts, reported slightly weaker than expected growth in its first-quarter core earnings on Thursday whilst it maintained its full-year outlook. Adjusted operating profit came to $131 million for the January-March quarter, up from $68 million a year ago but below the median forecast of $135 million in a Refinitiv poll of analyst. While cost inflation from raw material prices has squeezed car industry suppliers including Autoliv's rivals ZF and Joyson Safety Systems, the Swedish company has said it was seeking to raise prices and that its operating margin would grow this year and next.
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