Autoliv, Inc. has announced the renewal of its Euro Medium Term Note Programme (EMTN Programme) for another year. Under this program, Autoliv may issue notes guaranteed by its subsidiary, Autoliv ASP, Inc., in an amount equivalent to up to EUR 3 billion in various currencies.

The notes will only be offered and sold outside the United States to non-U.S. persons in offshore transactions, in compliance with Regulation S under the Securities Act of 1933. They will not be registered under the Act and may not be sold within the United States or to U.S. persons unless an applicable exemption from registration is met.

The renewal of the EMTN Programme ensures Autoliv’s continued access to international debt markets for financing and strategic financial flexibility.

Autoliv, Inc. (NYSE: ALV; Nasdaq Stockholm: ALIV.sdb), a global leader in automotive safety systems, has declared a quarterly dividend of 70 cents per share for the first quarter of 2025. The dividend will be payable on March 24, 2025, to holders of common stock on the New York Stock Exchange and on March 25, 2025, to holders of Swedish Depository Receipts (SDRs) listed on Nasdaq Stockholm. The ex-dividend date for common stock is March 7, while for SDRs it is March 6.

Autoliv reported record operating profit, margin, and earnings per share (EPS) in the fourth quarter of 2024, despite a 4.9% decline in net sales to $2.616 billion. Organic sales declined 3.3%, underperforming global light vehicle production (LVP) growth due to unfavorable regional and customer mix. Sales to domestic Chinese automakers grew 20%, but negative LVP mix in China led to overall underperformance. Inventory reductions by major customers also impacted sales in the Americas. However, strong order intake is expected to lead to record new product launches in China in 2025.

Profitability improved significantly due to cost reductions and commercial recoveries, with operating income increasing 49% to a record $353 million and operating margin reaching 13.5%. Adjusted operating margin was also at a record 13.4%. Return on capital employed was 35.8%, with adjusted return at 35.2%. Operating cash flow was $420 million, bringing the full-year figure to a record $1.059 billion. Free operating cash flow for the quarter was $288 million, slightly below last year’s $297 million. The company paid a $0.70 per share dividend and repurchased 1.04 million shares.

For full-year 2025, Autoliv expects around 2% organic sales growth, a 2% negative foreign exchange impact, and an adjusted operating margin between 10-10.5%. Operating cash flow is projected at approximately $1.2 billion.

CEO Mikael Bratt highlighted that the company’s strict cost control and structural reductions contributed to the strong results. Indirect workforce was reduced by 1,400 positions since early 2023, while direct headcount declined by 9% over the past year. The company successfully negotiated excess inflation compensation with major customers. Bratt acknowledged ongoing geopolitical uncertainties and a slight expected decline in LVP in 2025 but emphasized that continued efficiency improvements should support profitability growth. He looks forward to sharing further strategic details at Autoliv’s Capital Markets Day on June 3, 2025.