Stock Track | Autoliv Soars 5.84% in Pre-market on Strong Q1 Results and Sales Beat
Stock Track
Apr 17
Autoliv's stock surged 5.84% in pre-market trading following the release of its first-quarter financial results.
The automotive safety systems maker reported Q1 sales of USD 2,753 million, surpassing the analyst estimate of USD 2,606 million. The company also posted an adjusted EPS of USD 2.05 and EBIT of USD 237 million for the quarter.
Furthermore, Autoliv maintained its 2026 cash flow outlook of approximately $1.2 billion. The better-than-expected sales performance appears to be a key driver behind the positive market reaction.
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