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Autoliv Inc Issues Q2 2013 Revenue Guidance In Line With Analysts' Estimates; Raises FY 2013 Revenue Guidance

Friday, 26 Apr 2013 06:12am EDT 

Autoliv Inc announced that for the second quarter of 2013, it expects consolidated and organic sales to grow by around 3%, compared to the same quarter of 2012. The indication for fiscal 2013 is for an organic sales growth in the range of 2% to 4%, a slight upward revision of the previous indication of 1% to 3%. The indication for an operating margin of around 9%, excluding costs for capacity alignments and antitrust investigations, remains unchanged. The Company reported revenues of $2.088 billion in the second quarter of 2012 and revenues of $8.266 billion in fiscal 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $2.120 billion for the second quarter of 2013 and revenues of $8.370 billion for fiscal 2013. 

Company Quote

0.3 +0.26%
2:51pm EDT