Financial Report October - December 2007


Financial Report October - December 2007

Sales: 	Up 11% to $1,784 million
EBIT: 	Up 20% to $164 million
Cash Flow: Up 47% to $232 million

(Stockholm, Jan. 31, 2008) - - - For the three-month period ended December 31,
2007, Autoliv Inc. (NYSE: ALV and SSE: ALIV) - the worldwide leader in
automotive safety systems - reported the highest sales and operating income of
any quarter, and its best cash flow for any fourth quarter. 

When compared to the same quarter 2006, net sales rose by 11% to $1,784 million
with the organic portion growing by nearly 4%. Operating income improved by 20%
to $164 million, result¬ing in an operating margin of 9.2% compared to 8.5% in
the fourth quarter 2006. Income before tax increased by 20% to $149 million. Net
income totalled $94 million with earnings per share of $1.25 compared to $103
million and $1.27, respectively, in the fourth quarter 2006, which was
positively impacted by discrete tax items of $24 million. In the fourth quarter
of 2007, discrete tax items had an $8 million negative effect. Excluding the
effect of all discrete tax items, earnings per share improved by 40% to $1.36
(non-U.S GAAP measure, see table).   

Cash flow from operations amounted to $232 million and cash flow before
financing activities amounted to $105 million. This represents improvements of
$75 million and $28 million, respectively, from the same quarter 2006. 

For the full year 2008, sales are expected to increase by approximately 7% and
operating margin is expected to improve to 8.0-8.5%. 
An earnings conference call will be held at 3:00 p.m. (CET) January 31. 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”. 

Attachments

01312537.pdf