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Autoliv Inc (ALV.N)

ALV.N on New York Stock Exchange

101.90USD
22 Mar 2017
Change (% chg)

$0.82 (+0.81%)
Prev Close
$101.08
Open
$101.51
Day's High
$102.00
Day's Low
$100.91
Volume
78,390
Avg. Vol
100,168
52-wk High
$126.21
52-wk Low
$93.32

Latest Key Developments (Source: Significant Developments)

Autoliv declares quarterly dividend of 60 cents/share
Monday, 20 Feb 2017 02:30am EST 

Autoliv Inc : Autoliv declares increased dividend .Says has declared a quarterly dividend of 60 cents per share for the second quarter 2017, an increase of 2 cents per share from the previous level.  Full Article

Autoliv Q4 profit in line, organic growth below forecast
Thursday, 2 Feb 2017 06:00am EST 

Autoliv Inc : Autoliv Q4 operating profit $239 mln vs mean forecast $238 mln in Reuters poll and year-ago $281 mln . Autoliv inc says quarterly organic sales grew by 1.1 pct vs mean forecast 2.5 pct . Says for Q1 of 2017, company expects organic sales to increase by more than 3 pct and an adjusted operating margin of around 8 pct . Says expectation for full year is for organic sales growth of around 4 pct and an adjusted operating margin of around 8.5 pct . Says R,D&E investments, net is expected to be at high end of 6.5-7.0 pct of sales range, a significant year-over-year increase . Says passive safety recorded its highest order intake ever in 2016, winning about 50 pct of available order value . Says we remain confident that we are on right path to surpass our $12 billion corporate sales target for 2019 . On replacement airbag inflators says company currently expects deliveries of up to 30 million units during the period 2015 to 2018 .Says we see potential for deliveries also beyond 2018.  Full Article

Potential Takata backers call for court involvement in rehabilitation plan - Nikkei
Wednesday, 18 Jan 2017 03:23pm EST 

Nikkei - :Two potential sponsors for Takata's rehabilitation plan are asking for court involvement in the process - Nikkei.  Full Article

Autoliv and Volvo Cars sign final agreement to form joint venture
Tuesday, 3 Jan 2017 02:30am EST 

Autoliv : Autoliv and Volvo Cars sign final agreement to form joint venture . Says as part of agreement announced today, at time of closing Autoliv will make a total investment of around 1.1 billion SEK ($120.6 mln) into joint venture . Says Volvo Cars will also contribute certain assets to joint venture . As previously announced, Autoliv and Volvo Cars will own joint venture 50/50 . The joint venture, named Zenuity, will create a new entrant in the growing global market for autonomous driving software systems . Headquartered in Gothenburg, Sweden and with additional operations in Munich, Germany, and Detroit, USA, the initial workforce of around 200 people will come from Autoliv and Volvo Cars . The company is expected to grow to over 600 employees in the medium term .Operations are expected to start during the first half of 2017, after approvals from relevant competition authorities in several countries have been obtained and other customary closing conditions have been satisfied.  Full Article

Volvo Cars issues SEK 5 bln in preference shares, mulling IPO
Tuesday, 20 Dec 2016 12:15am EST 

Geely-owned Volvo Car Group: Says has raised SEK 5 billion from the sale of preference shares to a group of Swedish institutional investors . Says today’s move is another step towards Volvo Cars’ long expressed ambition to act as a listed company . Says the preference shares may be repurchased or converted into listed ordinary shares upon the majority shareholder’s decision. At this time, no decision has been taken. . Says the issuance has been conducted to further diversify Volvo Cars' long term funding sources . Says the group of investors comprises two swedish pension funds, AMF and the first swedish national pension fund (AP1), and Folksam . Says it intends to set up a joint venture with Autoliv . Says the JV aims to design and manufacture separately-branded ad and driver assistance software technology packages for sale to third party OEMs (Stockholm Newsroom) ((stockholm.newsroom@thomsonreuters.com; +46 (0)8-700 10 10;)).  Full Article

Autoliv and Volvo Cars to set up autonomous driving JV
Tuesday, 6 Sep 2016 05:00am EDT 

Autoliv Inc : Autoliv and Volvo Cars to create joint venture for autonomous driving . Says planned new company will have its headquarters in Gothenburg, Sweden, and an initial workforce taken from both companies of around 200, increasing to over 600 in medium term . Says company is expected to start operations in early 2017. .Says new company is expected to have its first ADAS products available for sale by 2019.  Full Article

Autoliv says files for a potential mixed shelf with U.S. SEC; size undisclosed
Wednesday, 17 Aug 2016 04:43pm EDT 

Autoliv Inc :Says files for a potential mixed shelf with u.s. sec; size undisclosed - sec filing.  Full Article

Autoliv sets quarterly dividend of $0.58 per share
Monday, 15 Aug 2016 04:17am EDT 

:Autoliv Inc sets quarterly dividend of $0.58 per share.  Full Article

Autoliv declares dividend
Monday, 15 Aug 2016 04:00am EDT 

Autoliv Inc : Autoliv declares dividend . Says quarterly dividend of 58 cents per share for the fourth quarter of 2016 .The dividend will be payable on Thursday, December 1, 2016 to Autoliv stockholders of record on the close of business on Wednesday, November 16.  Full Article

Autoliv: seeing strong order intake across board in passive safety-CEO
Friday, 22 Jul 2016 07:00am EDT 

Autoliv CEO Jan Carlson to Reuters: Says is seeing stronger order intake across the board within passive safety segment . Says scaled back guidance for Q3 very much linked to investment needed to handle strong demand, order intake . CEO speaking after co releases Q2 results [nL8N1A82FS] Further company coverage: [ALV.N] (Reporting By Johannes Hellstrom) ((niklas.pollard@thomsonreuters.com;)).  Full Article

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