Autoliv (ALV) reported Q1 adjusted earnings Wednesday of $2.15 per diluted share, up from $1.58 a year earlier.

Analysts polled by FactSet expected $1.67.

Net sales for the quarter ended March 31 were $2.58 billion, down from $2.62 billion a year earlier.

Analysts surveyed by FactSet expected $2.51 billion.

For 2025, the automotive safety systems manufacturer expects organic sales growth of around 2%. Analysts polled by FactSet expect $10.25 billion.

Shares of the company were down 1% in recent premarket activity.