Autoliv — Jan 30, 2026 release

net sales 7.7% net sales increase 4.2% organic sales growth* 11.3% operating margin 12.0% adjusted operating margin* $2.98 diluted EPS, 4% decrease $3.19 adjusted diluted EPS*, 5% increase   Full year 2026 guidance Around 0% organic sales growth Around 1% positive FX effect on net sales Around 10.5-11.0% 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 fourth quarter of 2025   • Net sales increased organically* by 4.2% , which was 2.9pp higher than the global LVP increase of 1.3% (S&P Global Jan 2026) driven mainly by new product launches. Regional and customer LVP mix is estimated to have negatively impacted sales by about 1.5pp, while tariff compensations added around 1pp. We outperformed in all regions; by 5.3pp in China, by 4.8pp in Asia ex. China, by 3.7pp in Americas and by 1.5pp in Europe. Driven mainly by new product launches, our organic sales growth* to Chinese OEMs (COEMs) was close to 40%. We expect continued strong sales performance with COEMs in 2026. • Profitability was strong, with the highest quarterly gross profit and second highest operating income so far. This was mainly due to organic sales growth* and successful execution of cost reductions. Operating income decreased by 9.6% to $319 million and adjusted opera