{"id":5533,"date":"2022-01-28T11:44:00","date_gmt":"2022-01-28T11:44:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3645508_AE45508_0"},"modified":"2022-01-28T11:44:00","modified_gmt":"2022-01-28T11:44:00","slug":"autoliv-financial-report-october-december-2021","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=5533","title":{"rendered":"Autoliv: Financial Report October &#8211; December 2021"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/en.prnasia.com\/prnasia.com-PC\/images\/logo-en-blue-in.png\" class=\"ff-og-image-inserted\"><\/div>\n<p><span class=\"xn-location\">STOCKHOLM<\/span>, <span class=\"xn-chron\">Jan. 28, 2022<\/span> \/PRNewswire\/ &#8212;&nbsp;&nbsp;(NYSE: ALV) and (SSE: ALIV.sdb)&nbsp;<\/p>\n<p>Q4 2021: Solid profitability and cash flow<\/p>\n<p><b>Financial highlights Q4 2021<\/b><\/p>\n<p><b><span class=\"xn-money\">$2,119m<\/span><\/b>&nbsp;net sales&nbsp; <br \/><b>16%<\/b> organic sales decline* <br \/><b>8.2%<\/b>&nbsp;operating margin&nbsp; <br \/><b>8.3%<\/b>&nbsp;adjusted operating margin*&nbsp; <br \/><b><span class=\"xn-money\">$1.31<\/span><\/b>&nbsp;EPS &#8211; a decrease of <span class=\"xn-money\">$0.84<\/span> <br \/><b><span class=\"xn-money\">$1.30<\/span><\/b>&nbsp;adjusted EPS* &#8211; a decrease of <span class=\"xn-money\">$0.89<\/span><\/p>\n<p><b>Full year 2022 indications<\/b><\/p>\n<p><b>Around 20%<\/b><b>&nbsp;<\/b>organic sales growth&nbsp; <br \/><b>Around 3%<\/b><b>&nbsp;<\/b>negative FX effect on net sales&nbsp; <br \/><b>Around 9.5%<\/b><b>&nbsp;<\/b>adjusted operating margin&nbsp;&nbsp; <br \/><b>Around <span class=\"xn-money\">$950m<\/span> <\/b>operating cash flow<\/p>\n<p>Key business developments in the fourth quarter of 2021&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/p>\n<ul type=\"disc\">\n<li><b>Significant organic sales decline*<\/b>&nbsp;as global LVP declined by 13% vs. Q4 last year (IHS Markit <span class=\"xn-chron\">Jan 2022<\/span>). Sales decreased organically by 15.6%, underperforming global LVP by 2.6pp, mainly due to negative geographical mix effects as LVP in high safety content per vehicle markets declined significantly more than LVP in low content markets.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/li>\n<li><b>Profitability declined <\/b>due to lower sales and almost 3pp operating margin headwind from higher raw material costs. Adjusted operating margin* declined by 4.0pp to 8.3%. Adjusted return on capital employed* was 19.1%.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/li>\n<li><b>Strong balance sheet and leverage ratio* well within target range<\/b>.<b>&nbsp;<\/b>Operating cash flow of <span class=\"xn-money\">$317 million<\/span> and free cash flow* of <span class=\"xn-money\">$164 million<\/span> support continued balance sheet improvement. A dividend of <span class=\"xn-money\">$0.64<\/span> per share was previously declared and paid in the quarter. Net debt* declined, resulting in a leverage ratio of 1.2x. <\/li>\n<\/ul>\n<p><i><b>*For non-U.S. GAAP measures see enclosed reconciliation tables. All change figures in this release compare to the same period of previous year except when stated otherwise.<\/b><\/i><\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tbody readability=\"12\">\n<tr>\n<td class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Key Figures<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen4\"><\/td>\n<td class=\"prngen4\"><\/td>\n<td class=\"prngen4\"><\/td>\n<td class=\"prngen4\"><\/td>\n<td class=\"prngen4\"><\/td>\n<td class=\"prngen4\"><\/td>\n<\/tr>\n<tr readability=\"4.5\">\n<td nowrap=\"nowrap\" class=\"prngen3\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(Dollars in millions, except per share data)<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Q4 2021<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Q4 2020<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Change<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>FY 2021<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>FY 2020<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Change<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net sales<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$2,119<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$2,517<\/span><\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(15.8)%<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$8,230<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$7,447<\/span><\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10.5%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Operating income<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$174<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$307<\/span><\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(43.2)%<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$675<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$382<\/span><\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">76.6%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen6\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Adjusted operating income<sup>1)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$177<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$311<\/span><\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(43.2)%<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$683<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$482<\/span><\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">41.8%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Operating margin<\/span><\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">8.2%<\/span><\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">12.2%<\/span><\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(4.0)pp<\/span><\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">8.2%<\/span><\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">5.1%<\/span><\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3.1pp<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td class=\"prngen6\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Adjusted operating margin<sup>1)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">8.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">12.4%<\/span><\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(4.0)pp<\/span><\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">8.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1.8pp<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Earnings per share<sup>2, 3)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$1.31<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$2.15<\/span><\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(38.9)%<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$4.96<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$2.14<\/span><\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">132%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"6\">\n<td nowrap=\"nowrap\" class=\"prngen6\" readability=\"7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Adjusted earnings per share<sup>1, 2, 3)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$1.30<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$2.19<\/span><\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(40.5)%<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$5.02<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$3.15<\/span><\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">59.4%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Operating cash flow<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$317<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$469<\/span><\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(32.5)%<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$754<\/span><\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$849<\/span><\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(11.2)%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen6\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Return on capital employed<sup>4)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">18.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">33.7%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(14.8)pp<\/span><\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">18.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10.4%<\/span><\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7.9pp<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"4.5\">\n<td class=\"prngen6\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Adjusted return on capital employed <sup>1, 5)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">19.1%<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">33.4%<\/span><\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(14.3)pp<\/span><\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">18.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">12.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">5.6pp<\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"12\">\n<td colspan=\"7\" class=\"prnsbts prnsbr1 prnvab prnsbb1 prnpl6 prnsbl1 prnpr6\" readability=\"11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1) Excluding costs for capacity alignment and in 2020 antitrust related matters. 2) Assuming dilution when applicable and net of treasury shares. 3) Participating share awards with right to receive dividend equivalents are (under the two-class method) excluded from the EPS calculation. 4) Annualized operating income and income from equity method investments, relative to average capital employed. 5) Annualized operating income and income from equity method investments, relative to average capital employed. Non-U.S. GAAP measure, see reconciliation table.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p><b>Comments from <span class=\"xn-person\">Mikael Bratt<\/span>, President &amp; CEO<\/b><\/p>\n<p>The fourth quarter of 2021 remained challenging with indirect effects from COVID-19 continuing to impact our business. LVP continued to be limited by lack of semiconductors, although the situation improved in the latter part of the quarter with improved call-off stability bringing some cause for cautious optimism for LVP growth in 2022. <\/p>\n<p>I am pleased that our operating income was solid, despite headwinds from lower sales, raw material costs and currency exchange rates. I am also pleased that our cash flow and balance sheet remained strong, that we raised the quarterly dividend to <span class=\"xn-money\">$0.64<\/span> and that our leverage ratio* remained well within our target range. We met our guidance for 2021 with organic sales growth* of around 8%, adjusted operating margin* of 8.3% and operating cash flow of <span class=\"xn-money\">$754 million<\/span>.<\/p>\n<p>The fourth quarter saw significant outperformance of low safety content markets vs. high safety content markets, generating a significant negative regional mix for the quarter and the full year. This contributed to our organic* sales outperformance of 5.2 pp in full year 2021 being below the around 8pp we had expected. Our sales were lower than expected in all regions except <span class=\"xn-location\">China<\/span>, which is in contrast to the changes in LVP reported by IHS Markit during the quarter. We therefore believe that there was an element of pull forward of our sales from the fourth to third quarter of 2021, contributing to a temporary lower than expected outperformance.<\/p>\n<p>Cost increases for raw materials generated a headwind of almost 3pp to our operating margin in the quarter. We expect rising raw material costs to amount to around 3pp in operating margin headwind for full year 2022, with around 5pp y-o-y impact in the first half year and around 1-2 pp in the second half. We expect customer recoveries to offset some of the expected raw material cost increases, mainly in the second half of the year. Combined, this means that the first half year will be quite challenging. In 2021, we reduced headcount by 11%, and we will continue a strict cost control in 2022 including executing on capacity alignments, footprint optimization, and strategic initiatives.<\/p>\n<p>A record number of new product launches in 2021 supports a strong outperformance in 2022. In 2021, we estimate that we booked around 50% of all available orders globally. <\/p>\n<p>Based on an assumption of LVP growth of around 9%, supported by a positive regional mix and high number of product launches, we expect to grow organically by around 20%, generating an adjusted operating margin of around 9.5% for the full year 2022.<\/p>\n<p>Inquiries: Investors and Analysts<\/p>\n<p><span class=\"xn-person\">Anders Trapp<\/span><br \/>Vice President Investor Relations<br \/>Tel +46&nbsp;(0)8 5872 0671<\/p>\n<p><span class=\"xn-person\">Henrik Kaar<\/span><br \/>Director Investor Relations<br \/>Tel +46 (0)8 5872 0614<\/p>\n<p>Inquiries: Media<br \/><span class=\"xn-person\">Gabriella Ekelund<\/span><br \/>Senior Vice President Communications <br \/>Tel +46 (0)70 612 6424<\/p>\n<p>Autoliv, Inc. is obliged to make this information public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the VP of Investor Relations set out above, at 12.00 CET on <span class=\"xn-chron\">January 28, 2022<\/span>.<\/p>\n<p>This information was brought to you by Cision <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3427261-1&amp;h=3621717336&amp;u=http%3A%2F%2Fnews.cision.com%2F&amp;a=http%3A%2F%2Fnews.cision.com\" rel=\"nofollow noopener\">http:\/\/news.cision.com<\/a><\/p>\n<p><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3427261-1&amp;h=1920385023&amp;u=https%3A%2F%2Fnews.cision.com%2Fautoliv%2Fr%2Ffinancial-report-october---december-2021%2Cc3494313&amp;a=https%3A%2F%2Fnews.cision.com%2Fautoliv%2Fr%2Ffinancial-report-october---december-2021%2Cc3494313\" rel=\"nofollow noopener\">https:\/\/news.cision.com\/autoliv\/r\/financial-report-october&#8212;december-2021,c3494313<\/a><\/p>\n<p>The following files are available for download:<\/p>\n","protected":false},"excerpt":{"rendered":"<p>STOCKHOLM, Jan. 28, 2022 \/PRNewswire\/ &#8212;&nbsp;&nbsp;(NYSE: ALV) and (SSE: ALIV.sdb)&nbsp; Q4 2021: Solid profitability and cash flow Financial highlights Q4 2021 $2,119m&nbsp;net sales&nbsp; 16% organic sales decline* 8.2%&nbsp;operating margin&nbsp; 8.3%&nbsp;adjusted operating margin*&nbsp; $1.31&nbsp;EPS &#8211; a decrease of $0.84 $1.30&nbsp;adjusted EPS* &#8211; a decrease of $0.89 Full year 2022 indications Around 20%&nbsp;organic sales growth&nbsp; Around 3%&nbsp;negative [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":5534,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-5533","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Autoliv: Financial Report October - December 2021 - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=5533\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Autoliv: Financial Report October - December 2021 - My Blog\" \/>\n<meta property=\"og:description\" content=\"STOCKHOLM, Jan. 28, 2022 \/PRNewswire\/ &#8212;&nbsp;&nbsp;(NYSE: ALV) and (SSE: ALIV.sdb)&nbsp; Q4 2021: Solid profitability and cash flow Financial highlights Q4 2021 $2,119m&nbsp;net sales&nbsp; 16% organic sales decline* 8.2%&nbsp;operating margin&nbsp; 8.3%&nbsp;adjusted operating margin*&nbsp; $1.31&nbsp;EPS &#8211; a decrease of $0.84 $1.30&nbsp;adjusted EPS* &#8211; a decrease of $0.89 Full year 2022 indications Around 20%&nbsp;organic sales growth&nbsp; Around 3%&nbsp;negative [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/transmediavictoria.net.au\/?p=5533\" \/>\n<meta property=\"og:site_name\" content=\"My Blog\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-28T11:44:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/transmediavictoria.net.au\/wp-content\/uploads\/2022\/01\/autoliv-financial-report-october-december-2021.png\" \/>\n\t<meta property=\"og:image:width\" content=\"144\" \/>\n\t<meta property=\"og:image:height\" content=\"100\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"admin_tony\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin_tony\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=5533#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=5533\"},\"author\":{\"name\":\"admin_tony\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#\\\/schema\\\/person\\\/5b51d407d652c0aa802bea269ea5d7e7\"},\"headline\":\"Autoliv: Financial Report October &#8211; 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