HighGravityData
Companies / Autoliv / Filing

Autoliv — Jan 31, 2025 release

Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000950170-25-011409
Open on SEC.gov ↗
Showing in the filing
Share repurchase program
“extension of its share repurchase program until the end of 2025, with no other changes to the authorization”
Period
FY2025
Measure
Declared action
Source
Prose
All guidance in this release · 9
Adjusted operating margin for FY2025
“Around 10-10.5%”
Operating cash flow for FY2025
“Around $1.2 billion”
Capex, net, % of sales for FY2025
“Around 5%”
LVP growth for FY2025
“Around 0.5% negative”
FX effect on net sales for FY2025
“Around 2% negative”
Organic sales growth for FY2025
“Around 2%”
Tax rate for FY2025
“Around 28%”
Share repurchase program for FY2025
“extension of its share repurchase program until the end of 2025, with no other changes to the authorization”
Leverage ratio for the long term
“around 1.0x within a range of 0.5x to 1.5x”
Exhibit 99.1 · the passage around this item
… earlier in the release
            12 Financial Report October - December 2024   Other Items   • On November 11, 2024, Autoliv announced an increase of its quarterly dividend by 3% to $ 0.70 per share and an extension of its share repurchase program until the end of 2025, with no other changes to the authorization. • On December 12, 2024 Autoliv announced that Jiangling Motors Co., Ltd (JMC), a renowned Chinese automotive manufacturer, and Autoliv (Shanghai) Management Co., Ltd, will start a new strategic cooperation to advance innovation and support global expansion. JMC is a leading company in China's commercial vehicle industry and a new force in passenger vehicles. • On December 16, 2024, Fitch Ratings assigned Autoliv, Inc. a Long-Term Issuer Default Rating (IDR) of 'BBB+ with a Stable Outlook. Fitch has also assigned the Company's senior unsecured debt a 'BBB+ rating.   • Autoliv plans to host a Capital Markets Day on June 3, 2025. More details will be announced at a later date. • In Q4 2024, Autoliv repurchased and retired 1.04 million shares of common stock at an average price of $97.71 per share under the Autoliv 2022-2025 stock purchase program. Autoliv also retired 2 million shares of common stock that had been held in treasury unrelated to the repurchases in the quarter . • The Company set May 8, 2025 as the date for its 2025 annual meeting of stockholders. The meeting will be a hybrid meeting, conducted virtually and in-person in the Detroit metropolitan area. The stockhold
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.