Reported 3 days ago
Sweden's Autoliv, the leading airbags manufacturer, announced a higher-than-expected quarterly profit and confirmed its full-year guidance while passing on tariff-related costs to customers. The company's CEO highlighted the impact of U.S. tariffs on imports from Mexico and Canada, with concerns about rising car prices affecting demand. Despite uncertainties in the trade environment, Autoliv’s shares rose, reinforcing its outlook for a 10-10.5% operating profit margin driven by organic sales growth.
Source: YAHOO