ALV Oct 2023 75.000 put
| Previous Close | 3.4000 |
| Open | 3.4000 |
| Bid | 2.9000 |
| Ask | 3.2000 |
| Strike | 75.00 |
| Expire Date | 2023-10-20 |
| Day's Range | 3.4000 - 3.4000 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 2 |
- Reuters
UPDATE 4-Auto supplier Autoliv to cut 8,000 jobs, close sites
Autoliv , the world's biggest maker of airbags and seatbelts, plans to cut around 8,000 jobs, joining the growing ranks of companies speeding up cost savings in the face of high inflation. "These initiatives will continue to optimise our geographic footprint for a more effective structure," CEO Mikael Bratt said in a statement. Last month, Volvo Cars said it was axing 1,300 positions and electric carmaker Polestar said it was shedding 10% of its workforce.
- Reuters
Auto supplier Autoliv to cut 8,000 jobs, close sites
Autoliv, the world's biggest maker of airbags and seatbelts, plans to cut around 8,000 jobs, joining the growing ranks of companies speeding up cost savings in the face of high inflation. "These initiatives will continue to optimise our geographic footprint for a more effective structure," CEO Mikael Bratt said in a statement. Autoliv said in January cost inflation in 2022 was the worst in three decades, and that it sought to pass those costs on.
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Autoliv, Inc. (ALV) delivered earnings and revenue surprises of 3.45% and 9.61%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
- 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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Autoliv, Inc. ( NYSE:ALV ), might not be a large cap stock, but it saw a significant share price rise of over 20% in...
