Financial Report July - September 2007 Sales: Up 10% to $1,557 million EBIT: Up 8% to $110 million Continued strong cash flow (Stockholm, Oct. 25, 2007) - - - For the three-month period ended September 30, 2007, Autoliv Inc. (NYSE: ALV and SSE: ALIV) - the worldwide leader in automotive safety systems - reported record sales, operating income and cash flow for a third quarter. Compared to the same quarter 2006, net sales rose by 10% to $1,557 million, mainly due to 6% growth in organic sales. Operating income improved by 8% to $110 million, resulting in an operating margin of 7.1%. Income before tax increased by 3% to $95 million, while reported net income and earnings per share declined by 48% and 45% to $63 million and 81 cents per share, respectively. The third quarter of the previous year was positively impacted by the release of $66 million in certain tax reserves and other discrete tax items. Excluding this effect of 80 cents per share, underlying net income improved by 13% and earnings per share by 19%. Cash flow from operations amounted to $148 million and before financing activities to $78 million. For the fourth quarter 2007, sales are expected to increase by approximately 8%. Operating margin is expected to exceed 9.0% compared to 8.5% in the same quarter 2006. An earnings conference call will be held at 3:00 p.m. (CET) today October 25. To listen in, call (in Europe) +44-207-947-5033 and (in the U.S.) +1-866-432-7186 or access www.autoliv.com under “News/Calendar”.
Financial Report July - September 2007
| Source: Autoliv Inc.